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Priced out of traditional housing, more Americans are living in RVs

(www.nbcnews.com)
73 points bikenaga | 1 comments | 22 Sep 25 22:33 UTC | HN request time: 0s | source
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nradov ◴[23 Sep 25 00:07 UTC] No.45341251[source]▶
It's a sad situation and really shows our collective failure to build enough housing. But in articles about the financial struggles of single parents, why do journalists frequently not report anything about child support payments? The reader is left to wonder whether the father of the Stitt children is paying his share, or dead, or a deadbeat. In a number of cases I know about the custodial parent didn't even bother to pursue a legal support order. Even a few hundred dollars per month can make a huge difference in paying rent. I understand that navigating the legal system is difficult and many single parents are overwhelmed, but most counties have social workers or legal aid agencies that will help with court filings and collections.
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grafmax ◴[23 Sep 25 00:25 UTC] No.45341390[source]▶
> our collective failure to build enough housing

There has been net transfer of housing ownership to the wealthy through increasing LTV and rentals - interest and rent are two ways of transferring money from the working class to rentier capital. Framing this as simply a supply issue is obscures the dynamics of wealth transfer undergirding the rise in housing scarcity.

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returningfory2 ◴[23 Sep 25 00:30 UTC] No.45341436[source]▶
The ultimate reason the wealthy are earning so much in rent is housing supply shortages.
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1. grafmax ◴[23 Sep 25 13:20 UTC] No.45346632[source]▶
It’s actually a trend since 1980s. Things like deindustrialization and financialization, outsourcing (which collapsed the unions), deregulation (incentivizing externalities primarily felt by the working class - the 2008 collapse, environmental deregulation in Louisiana, etc), inflation (which benefits those with assets and harms those without), tax cuts for the wealthy. The wealth gap grows which means assets like housing shift to asset holders (the wealthy). This in turn allows asset holders to increase cashflows from the working class to the ownership class in a feedback loop.