this post was submitted on 12 Jul 2024
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Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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cross-posted from: https://lemmy.world/post/17416033

Housing Crisis

Fact Check

Based on currently available numbers, there are about 31 vacant housing units for every homeless person in the U.S.

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[–] j4k3 8 points 5 months ago

Corporate outsourcing was treason; an eternal trade deficit against the average person, community, and region. It excludes the consumer from the financial cycle. Cheaper goods are garbage when they enslave people to dependency upon them while barring participation in the local economy. The trickle down is all that exists in a void that should be a deluge.

There are 100k homeless people within 100 miles of me in the Los Angeles area right now. That's 100k human beings that are treated worse than feral animals or Nazi concentration camps where humans were still sheltered with a roof and fed with some kind of structure for a time. Our failure to acknowledge and resolve the issue is worse than the baseline morality of the Nazis.