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Good Morning Class,
Today there are many obstacles we face in affordable housing. One of the biggest challenges we face today in housing is the effects of hurricane Irma. Many low income affordable homes were located throughout Florida, but were devastated by Hurricane Irma. In an article from USA Today, residents had been advised with a note which was posted on the doors of their homes, to gather their belongings from within the home and seek housing off the Sea Horse RV Park. Many residents fear they will no longer be allowed to reside at this Park which was in an area designated for affordable homes for low income families. A large majority of the homes located here will have to be torn down due to amount of damage some of the homes under took. This scenario is not only playing out in throughout Florida but also parts of Houston, Texas, and has added even greater concern to affordable housing crisis that is already occurring throughout the United States. FEMA is assisting and will have homes placed in some of these areas to replace homes that were destroyed but not every location that had affordable housing will receive assist. Unfortunately, some of these areas, in the next few years will probably see more hotels and or expensive homes take there place rather than low income affordable homes.
An additional concern is home ownership cost have gone up over the years but renter cost has gone up even higher. Housing cost continues to escalate to the point were many families are having to spend upward of 50% or more of the total income just to maintain their homes (O’Regan, 2017). In many areas it is actually cheaper to buy a home rather than rent which is becoming more common throughout the U.S. Unfortunately, many individuals are not in a position to purchase a home long term.
~ Mike Roelofs
Gomez/Hurricane Irma shuts the door on Keys' most affordable housing -- RVs and trailer parks, A. (2017, September 25). Hurricane Irma forces out residents of Big Pine Key RV park. Retrieved from https://www.usatoday.com/story/news/nation/2017/09/25/hurricane-irma-shuts-door-keys-most-affordable-housing-rvs-and-trailer-parks/697097001/
O’Regan/NYU Wagner, K. M. (2017, August 1). America’s Affordable Housing Crisis: Challenges and Solutions. Retrieved from https://www.finance.senate.gov/imo/media/doc/01aug2017OReganSTMNT.pdf
Good Morning Class,
Today there are many obstacles we face in affordable housing. One of the biggest challenges we face today in housing is the effects of hurricane Irma. Many low income affordable homes were located throughout Florida, but were devastated by Hurricane Irma.