I need help with the following question. I would really appreciate the help! 1)
ID: 297956 • Letter: I
Question
I need help with the following question. I would really appreciate the help!1) what does it mean for a family to be "cost burdened" in terms of housing affordability?
b) how does the government try to ensure housing affordability? Provide an example!
Thanks I need help with the following question. I would really appreciate the help!
1) what does it mean for a family to be "cost burdened" in terms of housing affordability?
b) how does the government try to ensure housing affordability? Provide an example!
Thanks
1) what does it mean for a family to be "cost burdened" in terms of housing affordability?
b) how does the government try to ensure housing affordability? Provide an example!
Thanks
Explanation / Answer
1) Families paying morethan 30% of their income for housing is considered as cost burdened. People belonging to this class may have problem for paying food shelter, cloth and transportation.
Concerns about affordable housing
1. First thought is every people shall have a decent place to live.
2. Without affordable housing our sosiety may become a isolated place where people cant interact with other people belonging rich or high living human being.
3. Society may degrade to form riots and the rich becomes rich and the poor becomes more poor.
4. A line of separation will start making it harder to find a safe sociable place to work as well as live.
2) Government foot prints in ensuring affodability housing
1. Government helps in assisting people in finding rental home buyer & home owner assistance.
2. Government helps in assisting people in finding resources for homeless people, veterans and chronically homeless people.
3. Government helps in assisting people finding home living with HIV/AIDS.
4. HUD (Home & urban developement) wing of government is assuring the following points