Private renting has become "unaffordable" for most low income tenants as housing benefit is "so seriously out of line" with local rents, research by a housing body has suggested.
A freeze on local housing allowance (LHA) rates since 2016 is putting low income private tenants at risk of homelessness or poverty, analysis from the Chartered Institute of Housing (CIH) warned.
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Low income people at risk of poverty? Say it ain't so!
>research suggests exactly what any cunt at the pub could tell you
this is globalism at work. Foreign investments on London real state are likely pushing land prices way up. Maybe they should consider making a slave district to house all their servants.
Cuck islands socialist beurocracy is starting to bite them in the ass. Failing healthcare, unaffordable housing (due to artificial supply restrictions) and migrant rape gangs roaming the streets. They should probably raise taxes or something. What could possibly go wrong?
the government's entire intent here. private property will be abolished, you will once again be considered a subject of the ruling party, which will always be a left liberal party.
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more like a muslim theocracy. rent is theft.
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Remember: It ALL depends where you live!
There is a new map going around exposing the most expensive cities in the US to live. 4 out of 5 of the most costly places to are in Commiefornia (go figure).
These are not ordinary "million dollar homes", but regular middle class homes that cost $1 million or more to live in. This is due to massive debt insolvency, unpunished corruption within the market place and local governments as well as too much beurocracy which kills industry and growth.
Here are the Top 10 MOST EXPENSIVE cities to live in the US today:
Rank | City | % of $1mm homes | Median home price
#1 | San Jose, CA | 53.81% | $1,069,000
#2 | San Francisco, CA | 40.03% | $891,000
#3 | Los Angeles, CA | 17.23% | $622,000
#4 | New York, NY |11.81% | $454,000
#5 | San Diego, CA | 10.55% | $563,000
#6 | Seattle, WA | 9.90% | $461,000
#7 | Boston, MA | 7.95% | $459,000
#8 | Washington, DC | 5.27% | $395,000
#9 | Miami, FL | 3.79% | $267,000
#10 | Denver, CO | 2.65% | $391,000
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Comparing against incomes, of course, is important. It's surely easy to find places where home prices are at rock-bottom levels — in places with depressed economies.
In this case, however, we'll be looking at incomes in relation to housing prices, and it is not at all a given that places with good job markets must also have unaffordable housing.
Texas, for example, has for years had a substantial amount of employment growth. Yet according to the Brookings report, the state has numerous metro areas with "low" and "very low" price-income ratios on housing.
The focus here is on middle-income families, and on for-purchase housing. Low-income households and renters face a different set of challenges, but even middle-income households may daily be told through the media that housing in the United States is quickly becoming unaffordable. Except those articles and news clips tend to focus on housing in places like Seattle, or along the California coast. And there's no arguing with the assertion that places like that are "unaffordable" for many middle-income people.
And as the Brooking article notes, and as I've noted, the lack of affordability in places like California can often be blamed on state and local government measures designed to limit the construction and diversification of housing. Zoning laws and other regulatory barriers to new housing production have decimated housing affordability of housing in many coastal cities. Cities like San Francisco and Seattle have essentially become playgrounds for the wealthy in which existing homeowners fight tooth and nail any attempt to allow sizable amounts of new housing construction. They do this, they tell us, to preserve "the character of the neighborhood." But what they're really doing is using government regulations to drive up the prices on their own real estate, while driving lower-income people further and further out into the periphery. Oh sure, these Progressive guardians of the local "quality of life" might allow a handful of subsidized housing units to be built. After all, somebody has to make your cappuccino or do your dry cleaning. But the overall effect is to ensure few people can afford to move in.
This issue, however, is far less prominent in the un-stylish cities of the interior where city officials still welcome new construction and new housing — and where there's a greater abundance of less-expensive land.
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Apparently surging violent crime, massive tax hikes and insolvent public pensions are bad for attracting new residents…who knew? On the other hand, 364 days of sunshine per year, minimal crime, brand new infrastructure and some of the lowest tax rates in the country seems to be, to our complete shock, somewhat appealing to folks looking to relocate.
But that is just a couple of many interesting takeaways to be gleaned from the latest annual "U.S. Migration Report" from North American Moving Services which found that Illinois was the most ditched state in 2017.
A quick review of the data above, combined with the more comprehensive domestic migration map below, reveals a few other interesting themes:
1. People continue to flee the indebted, pension ponzi burdened liberal states of America in record numbers, with Illinois, Connecticut, New Jersey and California all ranking at the very top of the most ditched states of 2017.
2. The natural migratory pattern of New England and California's liberal elitists seems to be toward cheaper and lower taxed states in the Southeast and Western portions of the country… go figure.
Of course, this data from North American shouldn't come as much of a surprise as we recently noted that Illinois lost a staggering ~125,000 residents in aggregate, or roughly 1 man/woman/child every 4.3 minutes for the entire year of 2017.
In fact, recent Census Bureau numbers also confirmed that the mass exodus from Illinois was the largest of any state in the country with lower taxed, lower cost of living states like Texas and Florida posting the biggest gains.
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Funnny, but HATED Fact of The Day! Americans are fleeing liberals states because they are too expensive and too debt insolvent to live in!
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1) Learn a trade, a skill. Its cheap. You go to vocational school (also known as a trade school).
2) You find a nice small town or area away from the major cities (make sure the taxes are LOW, make sure mortgages/rents are cheaper too!) and scope out all the businesses and jobs available to you. Find a place you can UTILIZE that skill, that trade you learned.
3a) Get a job, and tell the employer you will work hard. And DO work hard. Use what trade you were taught and learn from other workers too. Don't bitch and complain, just do what you need to do. Make some money. 3b) In the meantime find a low cost rental home, or apply for a cheap mortgage loan (something you know you can pay off!). Keep working and pay off your debts as time goes on, save some cash.
4) Cut down on expenses: purchase drive a used care, get rid of the cable TV bill, don't excessively spend on BS, go to Good Will (or some other cheap store) to buy your clothing (you do not need to dress fancy!), eat healthy, exercise and avoid med-pushers. Also to save money, biggest ripoff of all time and you don't even need it! the iPhone! Ditch it and save big bucks! You can get a $20 per month phone bill with a burner phone or old flip phone, or a jitterbug phone! This will save your ass a TON of money! .
If you follow these steps you should do just fine! Our country isn't completely wrecked (unlike Hellinois or Commiefornia!)
ftfy
Also, dumbasses.. It looks like y'all traded Johnny Neptune for the glorious return of Shrillcen. Dumbasses. You don't know how good you had it. Nature abhors a vacuum, and y'all practically laid an invitation-to-return right on /killcen/'s front porch. I want Neptune back.
t. Jim
Its true though! All depends where you live. There are some states where there is $0 income tax and the average middle class home only costs $150,000. If you learn a trade skill like electrical work, working at an industrial boilery or industrial construction, or becoming a plumber, guess what? I about 15 to 20 years you could pay off your mortgage and retire by 65!
TO i LET
Yep. They also use laws to prevent anyone from building apt complexes and charging low rent for them, or otherwise try to flood them with shitskins.
There aren’t enough jobs in those fields for everyone to go down that path, especially when you aim to live in suburbia where jobs are sparse and have been moving out for decades.
It’s easy to get a job doing construction in Seattle or some other growing city where they’re having trouble filling the need, but what kind of industrial growth is fueling the need for more electricians in Arkansas? How viable is this going to be in 5-10 years when everyone else has the same idea? It’ll be just like the over saturated “programmer” market full of people who thought they were clever for doing this “next big thing”
This is what they get for turning the US into the Socialist States of israel. They have no one but themselves to blame.
IDK.
I never did shit with my life – just worked for the man, like you. Then, in 2005, I invested $1,000 in BTC and began trading other cryptos too. Still do. Hmmm… I've travelled the world since, and have given my kids the life that only the elite 'controllers' can imagine.
What can you imagine?
What do you want?
Make it so.
