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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: jttmab who wrote (206325)	10/17/2006 10:10:37 PM
From: Ichy Smith	Read Replies (1) \| Respond to of 281500

I think we would all be grateful to see the data and your analysis of that. Part of the problem is market value assessment, where you pay more taxes as the value of your home goes up. My taxes have gone from $48.00 a year in 1948, about 2 weeks wages at the time, to $2000 about 8 years ago to $4500.00 a year this year. It is hard to earn $4500.00 in 2 weeks. As taxes went up, it becomes less and less viable to rent smaller properties, because they don't pay their way. So people in marginal positions have fewer choices of places to live. As I have said before, many of the really cheap places have closed, like the YMCA and cheap hotels. So anyone who starts down the path to being one the street finds it harder and harder to stop the slide. As taxes go up, cheap housing disappears. Governments don't have the money to subsidize housing, in huge quantities, so that they are of little help. I have a rental house that I have been renting for the past few years relatively cheaply, I expect it will be empty in November or December. If I re-rent it the rent will have to be 50% higher than I am getting today, or I will have to get rid of it. I have not raised the rent in almost 5 years. That is why taxes cause homelessness. They make it hard for the poor to have a home.