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Housing crisis deepens as empty homes outnumber homeless

August 16, 2024 | Robert F. Kennedy Jr., Presidential Candidates 2024


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Housing crisis deepens as empty homes outnumber homeless
During a recent government meeting, a significant discussion emerged regarding the ongoing housing crisis in the United States. A participant highlighted the paradox of having more available houses than homeless individuals, questioning how increasing housing supply could effectively address the issue. This concern reflects a growing frustration among families at all socioeconomic levels regarding housing accessibility.

The speaker pointed out the presence of numerous vacant homes across the country, expressing confusion over the proposed solutions that focus on increasing housing availability. They suggested that the situation might be exacerbated by large investment firms, such as Blackrock, Vanguard, and State Street, which hold substantial real estate assets. This raises critical questions about the role of corporate ownership in the housing market and its impact on affordability and accessibility for average families.

The dialogue underscores the complexity of the housing crisis, suggesting that simply increasing the number of houses may not be sufficient to resolve the underlying issues of affordability and accessibility. As discussions continue, the need for a comprehensive approach that addresses both supply and the influence of large corporations on the housing market remains a pressing concern for policymakers and communities alike.

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