Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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Denver gave people experiencing homelessness $1,000 a month. A year later, nearly half of participants said they had housing. (www.businessinsider.com)

submitted 4 weeks ago by [email protected] to c/[email protected]

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[–] [email protected] 17 points 4 weeks ago* (last edited 4 weeks ago) (1 children)

I love that, I truly do. Giving people a chance instead of trying to get rid of them. But what about those on the verge of homelessness? I work my ass off 5 to 6 days a week year round and I can barely afford a studio apartment. And I make like $3,000+ a month. If I lost one of my jobs and couldn't find another I'd be homeless in just a couple months. I like this as a step forward but we need to solve the issue of rent. I'd be able to put a down payment on a house within a couple years if I didn't sink 75% of my income towards rent. I've often thought of just living out of my car for a few years just to do so

[–] [email protected] 6 points 4 weeks ago (1 children)

You help some from needing support, so that you can free up resources to help the next batch.

[–] [email protected] 2 points 3 weeks ago

It's a good step forward, there's no denying that. I'm just poor and exhausted lol