Homelessness on rise as US pumps money into banks

As President Obama focuses on foreign policy, the housing crisis in the U.S. has deepened. Some people are paying as much as 90 percent of their income in rent or mortgages, others are going into foreclosure or homeless, but the government continues to dismantle public housing and rent-controlled housing.

Category:

News & Politics

Tags:

• subprime crisis
• Economic crisis
• raquel rolnik
• homelessness
• foreclosure
• affordable housing
• rent control
• public housing
• priya sridhar

[RunsWitGuns]

wtf is this bitch talking about its called the FED collects interest for every dollar it prints thus making it mathematically impossible to repay the debt and making Americans barefoot and homeless on the continent their forefathers conqured

[KresTKroVee]

Obama = Looser

[DBSpy1]

Yes RT you are so right,so will you tell people to stop killing them self's to sneak into the USA to live here. I know you know what its like, Russia and China have the same problem LOL.

[MegaAnchorite]

The "homeless" people they film beginning at 1:15 would be homeless no matter what condition the economy is in because they are...INSANE or REPEAT OFFENDERS. You will find people like that in any country, anytime. Nobody ever makes a distinction between LEGITIMATE homeless and CRIMINAL homeless. Some people are homeless because they want to be. It sounds crazy but...hey

[THX1205]

BUSH = Bigger Looser Than Obama!

[cdltpx]

3G is 1% of the population going HL I am not sure we have a level that high.Rents are on the way up BC a lot of people that lost their homes now have bad credit and cant get a loan land owners are taking advantage of their inability to buy affordable housing. I would rather be HL b4 I would pay 90% on rent I can regroup a lot faster saving 90% of my income rather than paying rent. I have to say your numbers are suspect but have to admit the economy is shit/

[savannahblk]

But u better look at your own homeless people and those unemployed by those few russians trying to get rich. You remember when putin said there are too many russians starving while the OLIGARCHS are getting very rich.

[majikninja07]

People cannot afford their houses because of the bailout, They are keeping prices up artificially because if they go down the banks will be destroyed, welcome to communism i hope you enjoy being killed if you've said anything negative against anything that has been going on since 2001

[lostinseganet]

98% of all the wealth in America is owned by only .75% of the population. That is why so many can be soo messed up.

[Z20thcenturyman]

How the fuck does an $8 dollar an hour job at mcdonalds even compare to an actual career making $100k a year?

[DarknessMadeFlesh]

u looking for nice men. well u looking at 1 right here baby. the bad thing is that there alot of more womens ahead of u in line for me so srry might have to wait some more to get my dick in u....