Difference between revisions of "Homeless"
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| + | '''Homeless''' is a term used to describe people who have no place to live that they can call their own. It usually also implies people of limited financial resources or prospects. A number of homeless shelters are located across the [[United States]], usually run by [[religious charities]]. Besides giving shelter, they often have programs for job placement that can help the homeless move back into society. In enacting programs to reinflate the housing bubble<ref>[http://www.cbsnews.com/stories/2009/03/11/politics/otherpeoplesmoney/main4858348.shtml CBS News]</ref><ref>[http://www.financialpost.com/news-sectors/story.html?id=1475408&p=1 Financial Post]</ref>, [[Barack Hussein Obama|President Obama]] ensures that more people at the margins of poverty will be priced out of buying or renting shelter, as monthly rents for a home are correlated directly to mortgage payments and property taxes based upon the home's value. The alternative side of Obama's ill-conceived strategy is that, as of 2009, it is a great time to buy a home. Under [[George W. Bush|President George W. Bush]], home ownership was at the highest level ever at almost 70%.<ref>[http://www.msnbc.msn.com/id/6902224/ NBC News]</ref> | ||
| + | ==References== | ||
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| + | {{reflist|2}} | ||
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| + | [[Category:Economics]] | ||
| + | [[Category:Sociology]] | ||
| + | [[Category:Social Problems]] | ||
Revision as of 13:18, November 15, 2009
Homeless is a term used to describe people who have no place to live that they can call their own. It usually also implies people of limited financial resources or prospects. A number of homeless shelters are located across the United States, usually run by religious charities. Besides giving shelter, they often have programs for job placement that can help the homeless move back into society. In enacting programs to reinflate the housing bubble[1][2], President Obama ensures that more people at the margins of poverty will be priced out of buying or renting shelter, as monthly rents for a home are correlated directly to mortgage payments and property taxes based upon the home's value. The alternative side of Obama's ill-conceived strategy is that, as of 2009, it is a great time to buy a home. Under President George W. Bush, home ownership was at the highest level ever at almost 70%.[3]