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Total demand in metropolises has increased. This rise in localized demand has priced out the poor and working classes and has resulted in a rise in overall home
by PilateDeGuerre 13y ago
Total demand in metropolises has increased. This rise in localized demand has priced out the poor and working classes and has resulted in a rise in overall homelessness.
TFA points out that relocation isn't always a rational economic choice for people priced out of these metropolises and that they turn to other measures such as doubling up on housing or spending an imprudent 50%+ of their wages on rents. This places these people in an extremely precarious position financially and increases their chances of homelessness.