Money Why don’t people who can’t afford housing just move where it’s cheaper?

23:30  15 may  2018
23:30  15 may  2018 Source:   nytimes.com

Here are provinces, cities in Canada with the highest and lowest rent

  Here are provinces, cities in Canada with the highest and lowest rent Nearly two in 10 renters spend over half of their income to keep a roof over their heads, new data shows.Some 4.4-million adults and families in Canada live in rental housing, making up just under a third of total households. But being a renter in many areas of the country isn't easy, data from a new national rental database show.

That’ s consistent with the notion that those who can ’ t afford expensive places are leaving them Moving , itself expensive, isn’ t guaranteed to solve their problem. A cheaper housing market may “ It would be foolish for me to do that, because I would be struggling,” she said. “Not financially.

This is an excellent post and it ' s great to see the ' why can ' t all the poor people just go and live somewhere else' type It was not so long ago that most people living in London were the poorest who could not afford to move to the It ' s the people around us that make the neighbourhood what it is.

a person sitting on a swing: Ms. Mack with her 7-year-old daughter, Jaiya, playing in the park where she played as a child.© Jim Wilson/The New York Times Ms. Mack with her 7-year-old daughter, Jaiya, playing in the park where she played as a child.

SAN FRANCISCO — Many San Francisco renters I met while reporting an article on affordable housing lotteries had responded to the region’s housing crisis by putting up with great discomfort: They crammed in with family; they split apartments with strangers. Some even lived out of their cars.

Why, lots of readers wanted to know, didn’t they simply move away instead?

Many have. High-cost California has long been losing population to domestic migration, particularly its poorer residents (who head to cheaper places like Arizona, Nevada and Texas).

Canadian Rental Housing Index Shows 1 In 5 Households Give Half Their Income To The Landlord

  Canadian Rental Housing Index Shows 1 In 5 Households Give Half Their Income To The Landlord Canadian Rental Housing Index Shows 1 In 5 Households Give Half Their Income To The Landlord .And these days, there may be no escape. In earlier times, finding a more affordable rental home was often as simple as moving farther out into the suburbs. But housing costs in outlying areas are catching up to urban areas, BCNPHA says.

Not just FL, so I'm sure there are some places that would be considerably cheaper to move to. Originally Posted by nep321. So please tell me, why on earth is it cheaper to move down south from New England. Perhaps, with their lower salary, they can only afford up to a 0,000 house

They ask the question, " Why don ' t homeless people just get jobs?" Despite having a job, people still can still lose their homes or be unable to afford housing . Finally, it ' s heartbreaking, though, that there are people who take advantage of those who would help homeless people by imitating that

And in the country’s most expensive metropolitan areas, according to an analysis this year by Issi Romem, BuildZoom’s chief economist, the people moving in have significantly higher incomes than those moving out. That’s consistent with the notion that those who can’t afford expensive places are leaving them, changing the makeup of these regions over time.

But for the poorest renters — making less than 30 percent of a region’s median income — there is a shortage of affordable housing virtually everywhere in America. Moving, itself expensive, isn’t guaranteed to solve their problem. A cheaper housing market may indicate that a region has fewer jobs. And low-skilled jobs in a city like San Francisco pay some of the highest wages in the country; the minimum wage here is twice what it is in much of America, a real benefit that weighs against the high housing costs.

'I just can't afford it': Low-income seniors struggle to find dental care, face 2-year wait for city clinics

  'I just can't afford it': Low-income seniors struggle to find dental care, face 2-year wait for city clinics Expanding access to free Toronto Public Health dental services is one of 27 recommendations in the city's new seniors strategy. It's heading to the executive committee for a stamp of approval on Monday.HSCC

They cannot afford to move . Fewer people to befriend, also. For most people , the possibility of cheaper housing doesn' t make up for all the other difficulties.

But it could just as easily be interpreted as evidence of a generational shift in preferences. The economist’ s axiom that “ people vote with their feet” is better demonstrated by price signals than by where people end up, since they cannot move to homes they cannot afford .

For many, however, the calculation about whether to leave is not primarily about economics.

Before readers raised the issue, I posed the same question to Mya Mack, whom I first met at the public lottery last fall for Natalie Gubb Commons, a new 95-unit affordable housing development in San Francisco that drew 6,580 applicants.

She had been looking for housing since the summer, when she left an affordable apartment for a relationship that didn’t work out. She and her 7-year-old daughter, Jaiya, then moved in with her mother, a niece and two nephews — back into the now-crowded house where she was raised.

Ms. Mack, who works as a phlebotomist, applied to every housing opportunity she could find. She checked the city’s online affordable housing site on her phone as reflexively as she looked at Facebook. She questioned construction workers when she saw what looked like new apartments rising around town. But when I asked if she had ever considered moving somewhere much cheaper, that solution was off the table.

Canada's Retiring Boomers Face 'Severe Housing Crisis': DBRS

  Canada's Retiring Boomers Face 'Severe Housing Crisis': DBRS When looking at the housing affordability issues in Canada, we often focus on the younger generations and their problems breaking into the real estate market. But a new report from credit rating agency DBRS says it's seniors who will see some of the worst affordability problems in the years to come, because the supply of senior-oriented housing is simply not keeping up with population growth in that group.

It ’ s not just California where this is happening. Around the world the cost of housing is insanely high. There isn’ t a place that is affordable for regular people . In the old days if you couldn’ t afford San Francisco, you’d move to Livermore.

Just like everybody else who lives in a decent sized (not huge) house in Topeka, KS. We're talking about suburbs where Uber and cab drivers can afford a house in a good school district. - there is no lack of cheap housing , however it ' s outside of main cities.

“It would be foolish for me to do that, because I would be struggling,” she said. “Not financially. But I would be struggling with my daughter. Who’s going to babysit? And I’m a single mom.”

She envisioned the situation from Jaiya’s perspective. “My daughter would hate it,” she said.

Ms. Mack grew up the youngest in a close-knit family of five sisters in the Ingleside neighborhood on the southern edge of San Francisco. Family members still live near one another and see each other almost daily. Jaiya goes to school with her cousins. Ms. Mack takes her to the same park where she played as a child.

People who struggle financially often have valuable social networks — family to help with child care, acquaintances who know of jobs. The prospect of dropping into, say, Oklahoma or Georgia would mean doing without the good income and the social support. Those intangible connections that keep people in places with bad economies also keep people in booming regions where the rent is too high.

For Ms. Mack, her mother’s home was overcrowded but happy. She did not have a bedroom door to close for privacy, but she had enough that she and her daughter could afford to keep waiting for their own home.

“A lot of people don’t have family they can call and say, ‘Excuse me, can I live there for a year?’” Ms. Mack said. “I count my blessings all the time because I do have somewhere to go.”

Thinking of selling your home? Do it before 2020, economists say .
A panel of economic and housing experts sees a dip in house prices on the horizon.Prospective home buyers these days are probably feeling pressure to lock in a deal quickly given skyrocketing home prices across most of the country. But those who wait a couple of years may be rewarded.

—   Share news in the SOC. Networks

Topical videos:

This is interesting!