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.
Matthew DesmondRead
Eviction is part of a business model at the bottom of the market.
Interpretation
Eviction is often a strategic choice in low-income housing markets, showcasing the challenges faced by tenants.
Matthew Desmond's quote illustrates how the practice of eviction is not merely a consequence of individual circumstances but is ingrained in the business practices of landlords who operate in low-income areas. This reveals the structural issues within the housing market, where vulnerable populations are disproportionately affected by these policies, leading to cycles of poverty and instability.
In practice
During a speech on housing policy, one might say, 'As noted by Matthew Desmond, eviction is part of a business model at the bottom of the market.'
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.
Do we believe housing is a right and that affordable housing is part of what it should mean to be an American? I say yes.
The texture and hardship of poverty and eviction is something that I think left the deepest impression on me, and I hope that I try to convey a little bit of that to the reader.
When I was confronted with just the bare facts of poverty and inequality in America, it always disturbed and confused me.
Arguably, the families most at need of housing assistance are systematically denied it because they're stamped with an eviction record. Moms and kids are bearing the brunt of those consequences.
Moms that get evicted are depressed and have higher rates of depressive symptoms two years later. That has to affect their interactions with their kids and their sense of happiness. You add all that together, and it's just really obvious to me that eviction is a cause, not just a condition, of poverty.
Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.
Addressing the weaknesses of capitalism will require us, above all, to do two things: first, to take a long-term perspective, and second, to re-set the priorities of business.
In Europe and the United States the two decades following the Second World War will for long be remembered as a very good time, the time when capitalism really worked. Everywhere in the industrialized countries production increased. Unemployment was everywhere low. Prices were nearly stable. When production lagged and unemployment rose, governments intervened to take up the slack, as Keynes had urged.
It's not that other countries steal jobs from you guys. It's your strategy. Distribute the money and things in a proper way.
Thus, the weight of my criticism is directed against the inadequacy of the theoretical foundations of the laissez-faire doctrine upon which I was brought up and for many years I taught
By adoption of these principles, the long-felt want for a uniform medium will be satisfied. The taxpayers will be saved immense sums of interest, discounts, and exchanges. The financing of all public enterprises, the maintenance of stable government and ordered progress, and the conduct of the Treasury will become matters of practical administration. The people can and will be furnished with a currency as safe as their own government.
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