Rents over the last two decades have risen much faster than employee pay, contributing to an escalating homelessness crisis in the U.S.

A growing number of Americans are ending up homeless as soaring rents in recent years squeeze their budgets.

According to a Jan. 25 report from Harvard’s Joint Center for Housing Studies, roughly 653,000 people reported experiencing homelessness in January of 2023, up roughly 12% from the same time a year prior and 48% from 2015. That marks the largest single-year increase in the country’s unhoused population on record, Harvard researchers said.

  • alienanimals@lemmy.world
    70·
    11 months ago

    Corporate landlords are using price-fixing software to illegally raise prices and gouge average Americans. Executives need to go to jail for robbing us all.

      • JasonDJ@lemmy.zip
        121·
        11 months ago

        America no longer has classes. There’s the wealthy and the non-wealthy.

        The non-wealthy get divvied up into something that is closer to caste.

        We are at a point now where most people will see a person on the street and instantly toss them into a specific bucket of people based upon dress, posture, cleanliness, accent/dialect, hairstyle, car, whatever.

        Notice specifcally missing from this list is race. I’m not saying America isn’t racist. But as a privileged suburban cis white male, I don’t think it’s nearly as relevant as it once was. There’s centuries of institutional racism that’s still weighing down progress, try as we might to avoid it…but I think that “race” is often getting mixed up with other “otherings” related to outward appearance, and the overlap tends to not include that persons own race.

        I.e, I think there are a lot of people who would feel nervous around a muscular 20-something black or Latino man in urban-style streetwear downtown, that would otherwise gladly grab a coffee with the same person dressed in a well-pressed oxford shirt and khakis at the office. Racism there isn’t the problem, it’s more of a distaste culture that had been formed by the race, and that’s distinctly separate, in my mind.

        Anyways, that was a bit of a tangent. What I’m basically trying to say is that class warfare isn’t really what we’re making it out to be. The classes are literally 8 billion people on one side and 20 on the other.

        “Millionaire” don’t mean shit anymore. Any boomer who bought a house anywhere but BFE on the 90s and managed to pay it off is at least halfway there just in equity. Another quarter of the way there for the median 401k balance at 65 of $235k. Thats 75% of the way to a millionaire, just in house and 401k (and $235k isn’t really enough to live off on its own over the course of retirement. Thats something like $15k withdrawal from ages 65 to 85, and hopefully you die by then).

        • hex_m_hell@slrpnk.net
          4·
          11 months ago

          The two classes are the workers and the propertied class. The first supports it’s by working, the second supports itself by the work or the first. Capitalism came from feudalism, with a propertied class and those that serve them.

          Those who serve have always been divided internally against each other, with some form of warrior class acting as class traiters.