Quote:
Originally Posted by Peanut206
I predict serious number increases in homelessness in the upcoming years.
They're not only raising house prices but also the rent prices are so darn ridiculous I cannot believe people actually pay those amounts for a little one bedroom apartment.
I want to know, when did everyone else get to be so darn rich? How did I miss that boat?
It seems everyone else is having no problems paying these outrageous prices 'cause they just keep jacking them up and spreading it all over the city.
I work for myself. Maybe I'm just not greedy enough. I think I should start jacking up my prices, also.
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Can't agree with you here. Most long-term homelessness is a result of mental illness. Chances are that most of the people facing forclosure aren't mentally ill.
Most people who face forclosure will become renters, this is especially true of the current sub-prime mess, as they could afford the original payment, but not the balloon payment after 3-5 years.
Furthermore, the increase in housing prices means an increase in wealth throughtout the cit, which also means increased revenue for the city to spend on emergency housing services; thus, I would think you would see a decline in the homeless population in Philadelphia.