Live data from Hacker News

The elderly are becoming homeless at a rate not seen since the Great Depression

moneywise.com

831–840 of 1001 posts

Re: The elderly are becoming homeless at a rate not seen since the Great Depression

#831

Earlier quoted context omitted.

Are we not allowed to question any increase to taxation when its related to education?

Especially when the US public education system spends more per pupil than almost every other country on the planet[0], with appalling results. In fact, as spending increased 30% over the past decade, student achievements flatlined, then fell precipitously after Covid[1]. [0]: https://educationdata.org/public-education-spending-statisti... [1]: https://nces.ed.gov/fastfacts/display.asp?id=38

[deleted]

Re: The elderly are becoming homeless at a rate not seen since the Great Depression

#832
post #767

Earlier quoted context omitted.

I see this perspective a lot, and I really don't understand it. Millennials have it pretty damn good as well. And everyone wants to ignore how difficult the 80s were as far as jobs, housing, etc. Boomers got bumblefucked in the 80s. Interest rates for home loans were abysmal, small banks failed all over the place, business loans got called, etc etc. I think the only thing gen z or millennials really have to complain…

Labor rights degraded quite a bit between boomers and millennials. Hell, it has degraded between Millennials and gen z! Our current economic model is not sustainable. It is a cancer.

yeah, because you need a lot of labour rights to make a living ... a person with skills and good work ethic will always find work, with or without "rights"

Re: The elderly are becoming homeless at a rate not seen since the Great Depression

#833

Some good commentary in this thread, however one topic thats never raised in the topic of affordable housing is fast cheap public transit. I could never imagine being able to buy a house in London. but the train network makes it possible to live in a more affordable neighbourhood and commute as needed. In the US we seem to think that cities can continue to have affordable housing in the most desireable areas. this is…

It cannot be overstated how important getting transit right is and what an abject failure transit policy in the US has been.

Cities can not efficiently scale with car-only infrastructure, and the long-term costs are too high. This doesn't mean "we all go live in skyscrapers" either, and in fact you can keep your car. But we have to stop prioritizing car traffic (and its problems) over everything else.

Re: The elderly are becoming homeless at a rate not seen since the Great Depression

#834

Part of the problem is government regulation. In some places, it's almost impossible to build new houses due to regulations. Some portion of the population wants to see house prices continue to increase and they will vote for politicians who will implement policies which will support that agenda. Of course this happens at the expense of another, also large portion of the population who do not own a house and have to…

Among my friends seeking to buy houses, the greater problem is the ability of large companies to buy up whatever is on the market, which they then immediately turn into a rental. It’s nearly impossible to compete with a company who will pay $50k over asking price, in cash, for the house you’re trying to get. Comparatively, immigrants don’t have the purchasing power to compete, so saying they’re the problem is a weird…

> Comparatively, immigrants don’t have the purchasing power to compete, so saying they’re the problem is a weird conclusion to draw.

But they do put downward pressure on salaries as the labor pool gets larger. Legal, or otherwise.

Re: The elderly are becoming homeless at a rate not seen since the Great Depression

#835
post #709

Earlier quoted context omitted.

Can you at least try it locally on a small scale first? Also, what do you mean by de-profit-ize housing? Do plumbers and tradesmen no longer get to profit from building homes? Surveyors? Architects? Electricians? Financiers? How do you get homes built if no one is allowed to profit from their trade?

Since you have severe problems with "whataboutism" and scope creep to idiocy; my rates to answer your questions are $150/hr , payable as a donation to the EFF.

You should respect yourself more and demand a higher rate. It really depresses the rates I charge and I doubt I am as good as you are.

Re: The elderly are becoming homeless at a rate not seen since the Great Depression

#836
post #294

Earlier quoted context omitted.

> What make you assume that this is the case or that the data I linked to would answer that question? I assumed you posted the link and said "look at the data" as it had some data with some bearing on what I was saying.

Ah, I think I got your question now; you mean to ask; "What makes you think that all that wealth is not rightly earned by the rich people. They are producing value, that's why they are rich." At least that my interpretation, let me know if I got that wrong. Sure, let's have a look at https://www.weforum.org/agenda/2020/09/social-mobility-upwar ... We can assume that industrious, ingenious people with the will to to g…

That still doesn't mean that people who are rich didn't get there by providing value to others. E.g. Bill Gates made software that almost every business in the world chose to pay him for. Social mobility stats aren't relevant to that question.

Re: The elderly are becoming homeless at a rate not seen since the Great Depression

#837

Earlier quoted context omitted.

If more people actually owned, that's a positive.

The point is that the problem of mega corps is greatly overstated, and isn't really the root of the problem anyway. They are just an easy scapegoat. Take them away and private "mom & pop" land lords quickly fill the void, and usually are much more stringent about who they will rent to and what they think a fair rent is.

Right. It's still the same amount of houses, and the same amount of people wanting a house, so the price is not going to shift much.

Re: The elderly are becoming homeless at a rate not seen since the Great Depression

#838
You mean to tell me that the generation that championed the defunding of all of our financial and social safety nets are suddenly reaping what they sowed?

It's still awful, and we need to fix this, but forgive me if I lack some sympathy here.

Re: The elderly are becoming homeless at a rate not seen since the Great Depression

#839
post #744

Earlier quoted context omitted.

It's primarily the missing middle. Skyscrapers and high rises only work for luxury apartments or shitty soviet style blocks. Single family homes only work in rural areas. The vast majority of cities and housing demand is in-between, which is entirely missing in the US. You'd expect 90% of housing to be row houses or 3-4 floor apartment buildings, but in the US, that's just not existing. Sure, the housing market in Eu…

> Sure, the housing market in Europe is struggling as well, but it's not even close to the situation in the US because so much affordable housing in mixed-use middle density buildings is available. Housing affordability in Europe is, in most places, way worse than in the US. Not sure where Americans get this idea that it's better there.

I'm not an american, I actually live in Germany. And as long as you rent instead of buying hohsing affordability is okay in most cities, and in those where it isn't the transit network is good enough that you can easily commute without an expensive car.

Re: The elderly are becoming homeless at a rate not seen since the Great Depression

#840

Earlier quoted context omitted.

I don't wonder why people aren't having families because the reason is obviously that they don't want to. It's not because things are worse now than ever in human history; that's pure rationalization/delusion/cope.

I believe a more accurate description is that people are choosing not to have children in the current environment; maybe something in the environment is detected as unsuitable for children, since human biology hasn’t changed but the birth rate has gone down. If this kind of birthdate collapse happened in other organized animal societies we’d have lots of news pointing to specific environmental hazards, like that inse…

> something in the environment is detected as unsuitable for children

Yep: compelling alternatives and contraceptives have appeared, and the pressures to have children have diminished.

People in the past didn't have many of those, so they "chose" to have kids.

Having kids is hard. If you have other options, you're gonna take them. It's as simple as that. I genuinely think people complaining about the conditions haven't done enough introspection. In the abstract, they may feel that having kids is something they want or should do, despite their revealed preference being to not do so. They're just hoping that, somehow, someway, the prospect of raising families will finally seem ultra-compelling and they'll do it and live happily ever, having their cake and eating it too. But that won't happen. The sad reality is that the premise rested on more suffering than currently exists.

But it's okay:

> If this kind of birthdate collapse happened in other organized animal societies we’d have lots of news pointing to specific environmental hazards, like that insecticide and bird eggs.

Other animals won't be able to defy biology and grow transcended versions of themselves in pods, like we're surely gonna do eventually. That's the future, and it's unironically the solution to all the shitty Ponzi schemes our biological legacy left us with. :p Until then, all you can do is hang tight. (The only other solution is to go back to the Dark Ages, which is even worse.)

Post reply on HN