Housing Problems and Options for Improvement
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, Urban Economics, (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
IF you live close enough to your place of employment, you may not need to use any form of transportation other then your feet, which doesn't cost you anything but your time. The poor that are on the margin of being considered middle class will be able to afford to move into nicer houses. First, in order to revamp the building, the owner would have to charge the tenants a higher rent to pay for these changes. Most taxpayers are in favor of public housing rather then housing vouchers. If you own your dwelling, you suddenly become more interested in the safety and upkeep of your community. The second reason has to do with where new houses are built. One of the government's ventures includes employment and job training programs. It is for this reason that housing projects are in such poor condition. The government has also introduced housing subsidies to the poor, to better equip them to pay rent for sanitary living space. These vouchers shift the demand curve for housing to the right. Section 8 certificates are given to individuals who are considered to have very low income to help them pay for housing. The effect that these vouchers have on the market is a negative one. This is because of the resulting higher price of housing with the voucher program. There are also housing certificates that work very similarly to the Section 8 certificates.
Common topics in this essay:
Urban Economics,
,
Angeles Times,
poor people,
Chicago According,
poverty rates,
middle class,
public housing,
job training programs,
Neighborhood Watch,
Los Angeles,
central business district,
job training,
housing projects,
programs operate,
section 8 certificates,
pay rent,
training programs,
business district,
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