A Quote by Matthew Desmond
If you have someone who is paying 88 percent of her income on rent, and we have laws that allow a landlord to evict a tenant who falls behind under those circumstances, eviction becomes an inevitability.
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Without the ability to plant roots and invest in your community or your school - because you're paying 60, 70, 80 percent of your income to rent - and eviction becomes something of an inevitability to you, it denies you certain freedoms.
When you meet people who are spending 70, 80 percent of their income on rent, eviction becomes much more of an inevitability than the result of personal irresponsibility.
Most poor families are living completely unassisted in a private rental market, devoting most of their income to housing. When you meet people who are spending 70, 80 percent of their income on rent, eviction becomes much more of an inevitability than the result of personal irresponsibility.
Making the landlord and the tenant the same person has certain advantages, as that the tenant pays no rent, while the landlord does a little work.
Almost all the people I've met in temporary accommodation fell behind with their rent because of benefit cuts, or found their landlord was no longer willing to keep them on since their income had been frozen.
It makes no difference to a widow with her savings in a 5 percent passbook account whether she pays 100 percent income tax on her interest income during a period of zero inflation or pays no income tax during years of 5 percent inflation. Either way, she is 'taxed' in a manner that leaves her no real income whatsoever. Any money she spends comes right out of capital. She would find outrageous a 100 percent income tax but doesn't seem to notice that 5 percent inflation is the economic equivalent.
I love to tell how I'm suffering because one percent we're paying 25 percent of the total. We're not paying 25 percent of the total taxes on individuals. We're paying maybe 25 percent of the income tax, but the payroll tax is over a third of the receipts of the federal government. And they don't take that from me on capital gains. They don't take that from me on dividends. They take from the woman who comes in and takes the wastebaskets out.
Success is not something you own; it's something you rent, and the rent is due every day. When you stop paying rent on success, you start paying the rent on failure.
I met a landlord who will pay you to move at the end of the week and let you use his van. That's a really nice kind of eviction. I met a landlord who will take your door off. There are 101 ways to move a family out.
So far, 44 States, or 88 percent of the States, have enacted laws providing that marriage shall consist of a union between a man and a woman. Only 75 percent of the States are required to approve a constitutional amendment.
Is it just a coincidence that as the portion of our income spent on food has declined, spending on health care has soared? In 1960 Americans spent 17.5 percent of their income on food and 5.2 percent of national income on health care. Since then, those numbers have flipped: Spending on food has fallen to 9.9 percent, while spending on heath care has climbed to 16 percent of national income. I have to think that by spending a little more on healthier food we could reduce the amount we have to spend on heath care.
Eviction is much more an inevitability than a result of irresponsibility.
Too often, the landlord-tenant relationship is unbalanced with all the power on the side of unscrupulous landlords.
When economists talk about income, they talk about the money a household or a person earns in a given year. That's the salary you earned, the rent from a tenant above your garage and the bit of money you made by selling some stocks.
I was one of six children raised by a single mom who cleaned houses, not always knowing if we would come home to an eviction notice on the front door or food on the table. So I also understand the struggles of paying the rent, finding affordable child care, and having enough in the bank to make it to the end of the week.
And when one of you falls down he falls for those behind him, a caution against the stumbling stone. Ay, and he falls for those ahead of him, who though faster and surer of foot, yet removed not the stumbling stone.
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