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Those cities are exceptional, true. However, you have mini versions of the housing cost problem across the country. HUD put out a report last year that showed about half of the country's metro areas are experiencing some kind of rent/price escalating spiral.
The other half is not. I'd argue that is the half where there are no jobs, or more accurately, no job growth. In my state, there is one major city that has jobs. The rest of them don't. Seriously, the rest of the state is a jobs wasteland. I know people that have searched for years to find decent jobs in the smaller towns.
Commuting 45-60 minutes out is not a solution to that problem.
Those cities are exceptional, true. However, you have mini versions of the housing cost problem across the country. HUD put out a report last year that showed about half of the country's metro areas are experiencing some kind of rent/price escalating spiral.
The other half is not. I'd argue that is the half where there are no jobs, or more accurately, no job growth. In my state, there is one major city that has jobs. The rest of them don't. Seriously, the rest of the state is a jobs wasteland. I know people that have searched for years to find decent jobs in the smaller towns.
Commuting 45-60 minutes out is not a solution to that problem.
Yes.... only 1 in 5 new Section 8 Voucher Holders were able to secure a rental in the City of Oakland CA...
I would say half is due to escalating prices and half due to the changes shifting a greater burden to Landlords...
The article is correct. Additionally, banks have tremendous exposure to interest rate derivatives, holding short positions, worth roughly 5 times the entire fixed-income market or approximately $500 Trillion.
Interest rates will not go up anytime in the near future, but that doesn't mean prices won't reduce. That depends on economic conditions.
Agreed.
The derivatives market is what really scares a lot of people. The sheer size could be the financial system to it's knees.
Housing all over this country is still way to expensive for the average American.
The general rule of thumb going back for a 100 years is to only purchase a house that is 2 times your yearly income. There are graphs that match that exact trend until the banking lobbyists with the help of their politicians gave out loans to anyone that could fog a mirror so that they could keep the Toxic Derivatives scam going.
Wages and Income have been stagnate or dropping for the majority of Americans thanks to Globalist Policies so it goes without saying that housing prices should be dropping as well.
That is not happening though because the banks are still keeping many properties off the market and also the door has been thrown wide open to allow wealthy foreigners to come and buy as well.
We need some Pro American politicians in power instead of the sell outs we currently have.
Wage earners being able to afford a house and support a family on one income. Those were the days...
And the elites in power are going to pull out all the stops to prevent outsiders from ever succeeding, as we are seeing right now in both parties...
The great divide besides the conservatives and liberals, are urban vs suburban vs rural. In some metropolitan areas, housing is cheaper the further you drive out from the city core. Inner ring suburbs costing more than middle ring suburbs due to gentrification and outer ring suburbs being cheaper than the urban areas. Basically, the liberals live in the urban, high density expensive areas and middle class to poor conservatives live in the suburbs and rural housing.
A lot of that movement is voluntary. People of similar backgrounds and beliefs have clustered in certain areas, and people of like mind move in to be close to people like themselves.
A lot of that movement is voluntary. People of similar backgrounds and beliefs have clustered in certain areas, and people of like mind move in to be close to people like themselves.
Sort of. In the United States, people segregate along socioeconomic lines. The most affluent cluster together in places that then have the best school systems and the most premium amenities. The less affluent cluster in similar places according to what they can afford. In urban areas, the segregation is along neighborhood lines and the affluent either don't have children or send their children to private schools.
I think the political and religious/social groupings fall out from the socioeconomic ones. Towns full of college educated professional people tend to have a very different worldview than blue collar towns. A neighborhood with public housing projects is going to have a very different worldview than the urban neighborhood around the local university.
Sort of. In the United States, people segregate along socioeconomic lines. The most affluent cluster together in places that then have the best school systems and the most premium amenities. The less affluent cluster in similar places according to what they can afford. In urban areas, the segregation is along neighborhood lines and the affluent either don't have children or send their children to private schools.
I think the political and religious/social groupings fall out from the socioeconomic ones. Towns full of college educated professional people tend to have a very different worldview than blue collar towns. A neighborhood with public housing projects is going to have a very different worldview than the urban neighborhood around the local university.
How do class inconsistent Americans segregate? When a person's socio and economic are in conflict, do they segregate socially or economically?
A lot of that movement is voluntary. People of similar backgrounds and beliefs have clustered in certain areas, and people of like mind move in to be close to people like themselves.
How do class inconsistent Americans segregate? When a person's socio and economic are in conflict, do they segregate socially or economically?
In your case, I see no conflict at all. You possess no viable 21st century job skills you're actually willing to apply every day to get yourself out of poverty. That lands you firmly in the "poverty" socioeconomic class. As you've been told endlessly on the C-D message board, you are the only one who can change that. Instead, you insist on playing the victim. Nobody made you be a pre-law washout. You made that poor career decision by yourself. I've never once read anything from you where you have taken any steps at all to make yourself employable at anything beyond low wages. All I ever see is excuses.
In your case, I see no conflict at all. You possess no viable 21st century job skills you're actually willing to apply every day to get yourself out of poverty. That lands you firmly in the "poverty" socioeconomic class. As you've been told endlessly on the C-D message board, you are the only one who can change that. Instead, you insist on playing the victim. Nobody made you be a pre-law washout. You made that poor career decision by yourself. I've never once read anything from you where you have taken any steps at all to make yourself employable at anything beyond low wages. All I ever see is excuses.
I did not choose to have the cost of law school skyrocket.
There is a huge difference between the educated poor and the uneducated poor; the educated poor do not want to live as a minority among the uneducated poor.
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