As Apartment Rentals Go Up, So Does Homelessness

HmlsSignAs in other big U.S. cities, the average grossly overpriced Los Angeles area one-bedroom unit today is $2,500 a month. In greedy landlordly Manhattan, it costs $3,000. Worse, in snooty San Francisco, it’s $3,600.

Apartment charges everywhere have been rising at the rate of at least 5% a year for the past two decades. So, it isn’t likely that this sidewalk sleeper will be financially able to move inside anywhere at any time soon.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s