Housing problems and Options
Everyone needs a house. Rich people poor people; all people are included. This is a problem, because housing costs a great deal of money. Poor people that can barely afford food and clothing also have a difficult time finding affordable housing. As a result, some live in unsafe and unsanitary conditions that are badly in need of repair. As we read in several Los Angeles Times articles, there are many people here in the Valley that live in places like these, and that live way below the poverty line. Many of these unkempt dwellings reside in the inner city of large urban areas, such as Los Angeles, Philadelphia or Chicago. According to our textbook, (page 338) “Poverty rates in the central city are about two times higher then the poverty rates for suburban areas. In some metropolitan areas, the differences in poverty rates are even higher.”Poor people reside in the central city for two different reasons, according to discussions on various economic models from lecture. First, the farther away that you get from the central business district, the higher your transportation costs to get to your job (assuming that the job is located in the CBD). If you can not afford to commute to your work, you will be unable to keep
These vouchers shift the demand curve for housing to the right. As we discussed in class, this type of community leads to groups such as the Neighborhood Watch. The supply of housing does not change therefore the new equilibrium is a higher price then without the vouchers. your job, making you worse off economically. The government has also introduced housing subsidies to the poor, to better equip them to pay rent for sanitary living space. The recipient of the certificate is required to contribute 30% of their income towards housing costs, while the government writes a check for the remainder. If the government would include some type of ownership provisions for the tenants of the projects, there would be a great deal of positive change for the community. Our text tells us on page 357 that, “Employment programs operate on the demand side of the market, providing direct employment for the poor. The government should keep the idea of public housing, but they need to re-think the design of projects in order to make them more successful. The poorest people are left to keep occupying the oldest homes, located in the inner city, thereby keeping the inner cities poor. The effect that these vouchers have on the market is a negative one. The poor that are on the margin of being considered middle class will be able to afford to move into nicer houses. To help reduce the problem, the government has implemented programs to ensure everyone has access to adequate housing. Another option is public housing projects. First, in order to revamp the building, the owner would have to charge the tenants a higher rent to pay for these changes.
Common topics in this essay:
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,
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transportation costs,
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Acceptance Essays
