All the senew

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2 inches 23 feet

Forged to sleep outside

In China they were blowing up unfinished apartments because of a property market crisis. https://www.vice.com/en/article/epn3bp/china-demolition-building-kunming

They probably don’t have enough money to rent the apartment would be my guess.

<woosh> yes. That's exactly what's happening. The problem in the US is that there are more than enough living spaces for every single person to have a home, but universal housing isn't considered a human rite. And people with plenty of money go around buying up land and property to rent out at rates beyond what average Americans can afford. It's disgusting is what it is.

I appreciate this. The comments here are disheartening. This isn't a beautiful piece of art. It is a meaningful piece, with a message that SHOULD be plastered on every new overpriced apartment building.

So many peoplf

So many will view this post and wonder if this is art in their city. I know I did.

I know the short answer to why/how supply and demand does not effect housing is greed but just wtf?

The entire population of the planet could fit inside Texas. But, then what would all the landlords do? /s

https://improbable.com/teach/lessons2002/people-in-texas.html

If they can't rent it out they would have to lower the price.

The issue is that most of the unoccupied housing is in places where the people aren't located like rural areas or de-industrialized towns.

They have way too much housing in China. They totally overbuilt and their population is declining. In the US we under built while population increased.

Also live in Texas, presumably.

Not necessarily. There are huge chunks of housing that are held by investment firms as either collateral or long term investments. Lowering the asking price means notifying brokers who might immediately require fees and leveling payments. Not renting below stipulations is better for them at that point.

Y'know no one is forcing you to live there

Also what is "overpriced?"

The biggest irony is the juxtaposition of all the homeless people and also vacant houses. It’s about money. Money building housing. Money trying to sell housing, and the lack of money for some people.

Thats how private property works I guess. If they want a higher price that's their right. If they want the buildings to just stay there, well, that's their right as well.

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It’s how mortgage investments work now. It’s fine until you look under the covers and realize the infinite liquidity of the Fed feeding into the system is what is facilitating keeping houses empty. Then the investment people write off asset depreciation and lost rent on their tax forms.

You're not going to tell me there is a loop hole for the rich people right?!? That the system makes rich people richer and the poor poorer?? That can't be true.. Oh boy.. Someone should do something. But not me, I got...to return some videotapes.

If you had an empty house, would you move street homeless people into it, then pay to fix all the damage done?

It's odd how poverty follows progress. We're more productive than ever before and yet rents are also higher than they've ever been. Someone should write a book about its causes and how to address it....

So, how many homeless people are you currently housing right now?

Supply and demand definitely does impact housing prices. A 5bed/3 bath in the middle of nowhere is practically worthless. But if it's in the middle of Manhattan, it would be one of the most expensive houses in the US. The supply of land within cities is fixed but the demand is ever-increasing.

It’s evil is what it is.

First of all, they wouldn't be homeless if I were housing them. Second of all, it's not every individual's responsibility to share their home in order to support housing the homeless. There are people who refuse to allow life income housing in their neighborhood because it would supposedly bring crime or lower their property values. That's the shit attitude that we can overcome. I would be happy if my town housed our homeless anywhere they could find for them and put it in my taxes. I believe that housing should be a human right. Plus, there are towns and cities around the country making it harder and harder to be homeless and not commit a crime just by existing homeless, but won't create any social safety nets for them. Why tf am I being voted down for caring about other human beings? Empathy. It's disappearing.

Not all are 'forced' and some of the evicted were because of drugs, loudness, arguing, not keeping their place clean. When an owner puts huge amounts of money into even a small place, they want to realize decent profit for themselves. Not sink all profit back into repairs. They want it to try and be pleasant for ALL the tenants. Now, that being said, you can please ALL the people SOME of the time, or SOME of the people ALL the time but you will NEVER, EVER, please ALL the people ALL the time. We owned a 12 unit building. Fantastic people all the time we owned it but for a pair of male foreign students. The 5 years we owned it, we NEVER raised the rent unless a unit emptied, then it was raised to current value. When we sold it, we still had tenants that were paying $120 for a 1 bedroom/balcony & $220 for a 2 bedroom. Yes, they had the old 'harvest gold' or 'avocado green' appliances that still worked and matching carpets.

Shhhh - don't let the facts intrude.

I hate that hyperbole is ubiquitous nowadays. I'd be onboard if they didn't describe homelessness as "forced".

I've always asked what does "affordable" mean.

Clearly they need to build even more apartment buildings.

Cause all that’s being built is luxury apartments that nobody can afford to live in.

Gotta work to sleep in dem buildings

Yes sooo true.

There are places where they "house" the homeless.

You want to spend as little time as possible near those places.

us population is barely growing at the last census reading.

No, I would not. I understand that people do not appreciate what is given to them freely, they only appreciate what they work for. But it is still ironic that there are many empty houses and many homeless people.

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It increased by 22.7 million people between 2010 and 2020.