this post was submitted on 19 Oct 2023
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The one factor they always neglect to discuss in this housing crisis is that … well, we are in a housing crisis. That means there is a substantial number of these evictions that are actually valid (granted there are also a lot of shit, scumbag landlords). But we all know someone struggling right now for housing. If you’re a boomer with an extra property, you probably also have a kid, or a nephew/niece or other younger person/family who is struggling with housing, and they need a place to stay, and they want to move in to these properties. This will only get worse as housing becomes less affordable.
I’m not saying this is the only reason, but it certainly contributes to the spike we are seeing in overall applications.