PDX homeless

Homelessness

Over the years, homelessness in the country has seen a steady pace of increase. While this is indeed sad idea, there are many factors that cause this single even in total. I wish to look at a few reasons why this even has seen a steady increase.

Low Housing Production by the State

According to an analysis of (Lehner), a graph that represents the current numbers of housing production across Oregon relative to 1998-2004 averages. It seems that all major points of Oregon have seen below zero housing production against comparison average. This factor is so huge it almost dictates the likelihood of homelessness in the state and may also be something we can use as a reference for homelessness in the country.

Low Housing Supply

While housing production talks about new manufactured houses over time, housing supply talks about all other aspects of housing in the country. The fact of the matter is that the country has seen a decline in housing supply because of the factors that used to be not the case, mainly because of the change of behavior of the current house owners. One point mentioned by (Fleming) on a analysis was simply, “existing owners aren’t selling their homes”. This one very important factor about the atmosphere of homeownership in country affects everyone involved into the market of housing. One person that is not willing to give up their house for a new one and the production being record low hurts the rest of the people concerned. The possibility of owning a house has become less because of these two factors, let alone more factors in the salad.

Higher Housing Rates Rentals

This becomes another effect of the two options being record low. Lower production of housing, lower housing supply because of how the market behaves then causes rental rates obviously to go higher. This would have been the last option a homeless man might just have since ownership has become an impossible choice, but this option itself has been removed as well by the first few things that cause a homeless man to lose his opportunity in the first place. Observing from the first two points mentioned this last point becomes inevitable. It is almost impossible not to expect the rental rates to go higher considering how the supply and production of housing has moved at a certain pace that puts rental prices to go to an almost no option road of shooting up. We wish to believe that there is a way to help solve the aggravating problem of homelessness across the country let alone in Oregon. But the cause is huge for us to find a way possible enough that everyone may agree. Hence, without actions, we watch the homeless grow in number by the day.

Works Cited

Online sources

Lehner, Josh. "Why Housing Supply Matters." Oregon Office of Economic Analysis. N.p., 2017. Web. 17 Aug. 2018.

Fleming, Mark. "There Are 2 Reasons Why The Supply Of Homes In The US Is Running Dangerously Low." Business Insider. N.p., 2018. Web. 17 Aug. 2018.