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You understand there's a huge backlog for public housing right? You don't just show up asking for an apartment
by notfromhere 9y ago
You understand there's a huge backlog for public housing right? You don't just show up asking for an apartment
- moduspol 9y agoI don't doubt it in certain areas. Still we're getting pretty derailed. I'm responding to your comment which was a speculative question. Peak unemployment rate during the 2008 recession was 10%. So that's 3.6% of Americans renting and out of work. Many will miss payments and then resume after finding a new one. Or maybe there are two earners living there and they can cut in other areas until a new job is found. Some will find cheaper apartments, and some will move in with family. So, no, I don't think that'll be the spark for the next revolution.