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There are good paying jobs available, but you either need some education, or a desire to work, or at least show up for work. There is no mention in the article of what types of jobs the renters have.
Yet you make the leap that people have no desire to work or show up for work.
Pat,
Many people don’t have that desire because the government subsidizes many
people to one degree or another.
Come lice below or close to the poverty line and tell me how “glamorous” it is. Tell me exactly what government subsidies people are yearning for as their goal in life, please
If we reduced the “tenant protections” and improved the speed and efficiency of evictions, then more small time investors would buy rental properties. More rental properties on the market would lower the rents through marketplace competition.
is this a joke?
There are basically zero tenant protections in the state of Indiana and you can evict someone in sub 15 days….
Apparently you missed the part were republicans in the state house have stripped renters of any and all rights. There are basically zero “tenant protections” in the state of indiana.
How are small time investors going to afford to invest in rentals given the interest rates without leveraging their own futures?
So why aren’t investors investing more in low income to affordable housing???
If everything is stacked against the low income to moderate income renters
in favor of the landlords, and the demand is outpacing supply, then it should be a brainer. Developmers should be building more low to moderate income rentals.
It’s not just rent. Inflation took a toll on all consumer goods.
Gasoline is probably the one stabilizing item that’s not hurting low wage
consumers.
This is funny. $3.70 gas compared to say $2.50 gas is actually HELPING low wage earners. At least I can go into my weekend with a giggle. Just think what how well off they will be when they are forced into &50,000 electric cars.