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That are just shocking pictures to me. Well educated (as it seams) and hard working people, that can not afford at least a small regular spot of living. With t
by PythonicAlpha 11y ago
That are just shocking pictures to me. Well educated (as it seams) and hard working people, that can not afford at least a small regular spot of living.
With the last big real estate deal in NY, the problem will be rising.
The federal poverty line does not consider the greed of investment companies. It also does not help, to count the number of breads you can (theoretically) buy.
Lets face it: Human labor is losing it's value. The reason plainly is, that more and more interest has to be drawn for the "investors". Somebody has to pay the bill for the parties held in the financial districts and for the money, the governments squander on the banks.
In the high-payed tech sector, this effect is not so much felt currently, but this will change in the future, when the low-income sector is so much bleed-ed out, that the interest for the big investors has to come from elsewhere.
- amykhar 11y agoBut isn't most people's response to high rent in NY to commute from NJ and not live on a roof? I can't help but think that this man's choice to live on a roof isn't the one that most people would make.
- PythonicAlpha 11y agoOf course there are different solutions. But is the solution really to travel more? ... and even more, when the rents in the adjacent areas also have gone up?
- baobabaobab 11y agoHe didn't have a stable enough income to always maintain a gym membership. I doubt a daily commute and rent would be cheaper.