"The reality is that could be us one day." With the American unemployment rate rising steadily to 8.1% so far, it comes as no surprise that housing is continuing to suffer right along with it. As the people of America lose their jobs, the likelyhood of paying their morgages beomes more and more slim, leaving them often in the situation of forclosure. In the city of Seattle, WA this is an enormous problem. Upon losing their homes these people (between 50-100 daily) end up living in the outdoor Nickelsvilles. "Got a lotta people losing their homes. You don't want to go all the way to the bottom. Nickelsville is kind of a catch in between," said one Nickelodeon, a former warehouse manager who never thought he would lose his job and home. So with the unemployment rate rising, the rates of foreclosure rising and the need for more places such as the Nickelsvilles, what is it that can be done to help solve this problem? Well, the pumping of money into the economy looks like a pretty good plan for now. This expansionary method involving government spending will be a way to help lower the unemployment rate, and thus hopefully get these Nickelodeons back into real homes by means of helping them to again attain positions in the work force. It is a must that these people be removed from the Nickelsvilles and put back into homes, for the sake of themselves and the neighborhood surrounding them, which is seeming harbor animosity towards them. The only thing left to do is wait.-SC
No comments:
Post a Comment