​Unaffordable Housing And Homeless Encampments: How Did It Get This Bad? – Tyler Durden

Unaffordable Housing And Homeless Encampments: How Did It Get This Bad? Authored by Charles Hugh Smith via OfTwoMinds blog, To reverse the damage wrought by financialization, we must reverse financialization. The post-election hope that festering problems can now be solved doesn’t seem to extend to unaffordable housing and homeless encampments, two blights on the socio-economic landscape. Perhaps this reflects a sense that these blights aren’t readily fixable, or an unsure grasp of the causes of these blights. Let’s focus on the primary cause that led to unaffordable housing and homeless encampments. There are many contributing factors, of course, such as the NIMBY…  — Continue at ZeroHedge News : Read More