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Old 03-02-2018, 12:35 PM
 
25,805 posts, read 49,697,815 times
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It is simple... many have no idea of just how much assistance is available and it is comprehensive.

I have had lengthy discussions with my European co-workers on the plight of America's poor... I can not speak for America but it sure has been eye opening to those I have hosted here in the SF Bay Area...

Once they get past the media hype and see first hand their views change...

Think about it... if you are so poor that the government decides your portion of rent for a $2600 single family rental is $56 but you have enough to buy a brand new car... clearly the reality is much different than portrayed.

Again... I make no claim to how things are elsewhere... and for all I know the San Francisco Bay Area is not representative.

The fact is homes are selling at a brisk pace... many were former rentals and many low income rentals.

At these prices NO ONE is buying to rent... they are all owner occupants and almost all first time home buyers...

Dual Income professionals working in tech, medical, public safety, etc can afford to buy and are buying... few have children and of the 5 homes that recently changed hands in one neighborhood only one had a child.

It is worthy repeating that as a Home Owner... there are no restrictions of what is adequate in terms of family size... as a participant in subsidized housing there most definitely is... and thus the example of the 7 in one house paying their own way and 3 in another identical home that is subsidized.

Growing up the term we kept hearing is White Flight as the cause for urban inner city decay and crime.

Fast forward to today and we keep hearing Gentrification is evil... and the root of societal problems...

By the way... the Gentrifiers come in all races and sexual orientation... but they have careers and choose not live in suburbia...

You can't have it both ways...

Derelict abandoned homes I walked past on the way to school were sold for $1 under a city program requiring 5k in improvements and owner occupancy for 5 years and then title transferred fro $1.

These abandoned homes no one wanted now sell for 350k

For reference a family of 4 can earn up to $97,000 and be eligible for city low income housing such as the new Fruitvale Phase II

Last edited by Ultrarunner; 03-02-2018 at 01:06 PM..
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