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by DoreenMichele
1115 days ago
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Years ago, I took a class on Homelessness and Public Policy. I've spent time homeless and read a lot, etc. There is a lack of affordable housing in all US states. It's extremely hard to live without a car in the US and cars are a huge expense, plus our car-centric culture means lack of a car is a barrier to employment, both practically and because people are reluctant to hire you. Medical expenses can be a factor in the US. Universal health coverage could help. There's no one cause and the oft cited "addiction and mental health" is largely prejudice. In a nutshell, you wind up homeless when you have too many problems and not enough resources to handle them and the US doesn't provide a robust social safety net. |
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Is it a lack of affordable housing or is it a lack of wage growth compared to cost of living?
Personally, I've started to think it's the latter, because it explains why upper middle class non-millionaires are also getting pinched. They too often rely on income rather than capital gains.