This website uses cookies to ensure you have the best experience. Learn more

Rising Rent Essay

1036 words - 5 pages

Various individuals visualize New York City as a place that any person would love to live in, but what many do not to realize is the fact that the city has a continuously growing homeless population because of the rising cost to live within the city. Individuals in New York City are living in a time where not even a job may entirely support his/her daily finances.
New York City is not only a tourist attraction, but considered one of the most expensive cities in the world to fund because of its superb security, overall popularity, and partly its dependence on Wall Street to pay high income taxes to fund social programs, such as those who help homeless individuals and low-income residents. ...view middle of the document...

Vasquez by no means expected to live in a homeless shelter with his two daughters, ages 18 and 15. Homeless shelters are not a place where families especially with young children suppose to stay. A homeless shelter gives housing to many drug addicts and other types of people your children are not supposed to grow around nor be exposed to. For instance, because of the rising homeless population various shelters are overpopulated, thus affecting the amount of space a child may have. Children’s should live in a private safe place not surrounded by homeless people. According to the American Journal of Public Health children's that spend part of their lives in shelters tend to bear more mental health problems, such as disruptive disorders (depends on what he/she sees within the shelters), depression, anxiety, and many others. It is frustrating and unacceptable that children in a tremendously wealthy country like the United States are suffering mentally and economically because of the absence of affordable homes.
New York City suffers from a disease I call "over population". New York City is running out of building space and the only way how to keep up to New York's expanding population is by constructing skyscrapers. According to New York's urban planners skyscrapers cannot be built where ever a person may want. The construction of skyscrapers are decided by zoning maps, in which it notifies the owner/builder how much space is available. Unfortunately, in specific areas buildings can only be constructed up to a specific height. The city's limited space is a reason why barely or no affordable housings are being constructed and the main cause of why the growing wealthy class has to move to affordable neighborhoods to seek somewhere to live, such as Brooklyn , thus explains why a massive amount of homeless families are seeking refuge in their local homeless shelter. Hamilton Nolan states "this is a reason non-rich New Yorker's should cheer the construction of "superluxury condos""....

Find Another Essay On Rising Rent

Reducing Foreclosures Essay

1162 words - 5 pages The largest threat to the United States economy today is the growing number of foreclosed homes. The rising number of foreclosed homes has destroyed home values, securities backed by subprime mortgages and entire neighborhoods. Banks also have been suffering because these securities are dropping in value faster than the government can bail them out with programs like TARP (Troubled Asset Relief Program). What needs to be done is to install a

England's Rental Market Influenced by Financial Crisis

1037 words - 5 pages the national government, local government, builders and banks. An increase in supply would be detrimental to house prices and land values and all this against interests. The only reason the average rents are rising is because people have agreed to pay the expensive rent which is demanded. The population has agreed to pay a certain amount per month in order to live there without any complications. The only reason for the population to do this is

Improvement of a Foreclosed House

900 words - 4 pages South Florida instead of a single family home is the homeowners insurance. In townhomes the homeowners insurance is included with the association fees. For single family homes the insurance is paid by the owner and rate increases over the past ten years have made insurance rates very high, in most cases several thousand dollars annually and rising. Another benefit is the shared amenities that may not be available in a single family home at the

Account for the distress in Merthyr at the beginning of the 19th century and discuss the significance of the Merthyr rising

8775 words - 35 pages was rapidly increasing in population but with this came poor working and living conditions. The discontent of the people was a combination of many things, which will be accounted for in the essay. The significance of the Merthyr Rising has been greatly argued by many Historians and I will be discussing the view of Gwyn Williams Williams.Agriculture was experiencing a crisis at the end of 18th century and the Enclosure acts resulted in many Welsh

The Wage Rate and the Cost of Living

618 words - 2 pages in anytime they needed me too, work at least 60 hours a week, not to mention that they could call on the spur of the moment to come in. I do not know about the rest of the people, but that would pay my rent and maybe my daycare with all those hours. I would have to get a second full time job in order to pay for the electric, water, food, car insurance, the extra daycare for the second job and extra hours, etc. Just to name a few of the things

Deal With The Devil; The Real Reason For Malnutrition

782 words - 4 pages T- While many people blame parents, food manufacturers, and the educational system, the poor nutrition and rising obesity rate among elementary children is a result of the poor economic conditions that make eating right ad getting enough exercise unaffordable most of the time. Many people blame parents for the poor nutrition and rising obesity rate of children, but often times parents cannot afford to buy nutritious food and are too busy to

Global Warming

2599 words - 11 pages of the discussion: In this discussion, there will be three pages elaborating on certain topics, which are sea levels rising, the disappearance of land, rising temperatures rising and etc. These specific topics will be discussed more efficiently in my three-page discussion and evaluated. Introduction of the analysis: One specific topic from the discussion section will be picked and explained in the analysis. In this three-page analysis, the topic


786 words - 4 pages There are both positive and negative arguments when the topic of gentrification is brought up. Gentrification is a shift in an urban community toward wealthier residents and/or business and increasing property values. When gentrification occurs, rent and property values often increase. Also, changes in the district’s character and culture tend to change. The term is often used negatively, suggesting the displacement of poor communities by rich

Discuss whether Hong Kong government should limite the daily quota of incoming mainland Chinese tourists

928 words - 4 pages of the mainland tourist shop in the big mall. Those shops in the big mall are a majority of international corporations and capitalists. The local businessman, therefore, could not earn their money. Furthermore, mainland Chinese tourists crazily shopping in Hong Kong lead in raising the inflation and rents. Numerous of the local business owners could not afford the rising rent that they finally close their business. On the other hand, the Hong

Will Robots Create Economic Utopia Summary

966 words - 4 pages . "According to RealFacts' data, in the fourth quarter of last year, the average monthly asking rent for a San Francisco apartment was $2,741." (Huffington Post) Whole families are being displaced, due to the expansion of city condos, and the rising cost of living, this in turn has created gentrification in many parts of San Francisco. Some of the huge pros that are attached to the new high-tech economy are astonishing, jobs will be less hectic, more

Problems faced by England c. 1300-1500

1008 words - 5 pages leaders of the rebels. The villagers demanded an abolition of serfdom, to establish a moderate monetary rent, free trade, amnesty for all participants in the rising. The king was forced to accept those demands. However, many farmers, especially the poorest led requested a meeting with the king. In addition to the abolition of serfdom , their new radical program provided return peasants expropriated communal land lords , the abolition of all the workers

Similar Essays

The American Dream Essay

841 words - 3 pages , 2006) This has resulted in an increase in renters, rental owners seeing an opportunity to make money, and the rise in the cost of rent. Rent control would be an effective way to keep rent at an affordable rate in our community. As a manager in this rental industry, these issues have had a negative impact on my views of this changing market.As the price of homes become out of reach, I have seen a drastic rise in the number of people looking at

Renting Versus Buying Essay

832 words - 3 pages leaning towards renting. This is because the market is going down. Some don’t want to commit to a mortgage if when they go to sell they can’t find any buyers. It is likely that the renting trend will decline and buying will increase in the future but it is hard to say when. However, “if rent keeps rising and prices keep falling, fearful buyers could slowly become bargain hunters.” (Business Week, 2014). I feel that people will eventually get

Health Care: The High Price Of Medication

676 words - 3 pages to $800 billion a year.” The $800 billion goes to wasteful and inefficient things. According to the website AHIP “more than 1/6 of the U.S economy is devoted to health care spending.” The increase on health care cost punishes our nation of multiple fronts. Families are having trouble balancing food, rent, and needed care due to the rising of health care. For small businesses the rising of health care make is hard for the owner of the business to

Undesirable Living Conditions Among Glass Walled Skyscrapers In Hong Kong

1009 words - 5 pages monthly household income at HK$22000 in 2013 (According to the General Household survey), many households cannot afford the rent, let alone purchasing a property. Apart from the above, the wealth gap in the Hong Kong society is highly significant. Despite a high per capita GDP, the Gini coefficient of Hong Kong have been consistently high among developed regions in the world. In 2011, the Gini coefficient was 0.537, which is way past the 0.4