Barack Obama is bringing America together.
No, he’s not doing it the way he deceitfully promised when he said he would transcend the political divide and that this wasn’t red states and blue states but the United States. Obama lied like your floor rug on that. He’s the most polarizing president in American history because he demonizes his opposition like no American president EVER did. According to Obama, Republicans are people who crave dirty air and dirty water and celebrate every time a child is born with autism or Downs Syndrome. And of course we should break America up into racial groups and those groups should “punish their enemies.” No, rather, Obama is bringing Americans together in a very literal way: because Americans can no longer afford to live alone anymore.
This year about 30% of adults, 69.2 million people, are living in doubled-up households, compared with 27.7%, or 61.7 million, in 2007, according to a September report on income, poverty and health insurance from the Census Bureau.
The completely failed Obama presidency has done NOTHING to solve the housing mortgage crisis that actually caused the 2008 collapse. If anything his failed policies have made that crisis WORSE and certainly stalled any hope that a free market be allowed to self-correct.
Maybe that was Obama’s plan: because he’s brought us together in a unique way. Because of his failed presidency, more Americans than ever before are forced to live with a roommate because they can’t afford to pay “ObamaRent.”
Rents Keep Rising, Even as Housing Prices Fall
By MOTOKO RICH
Published: February 24, 2012The housing market remains a potent drag on the economy as home prices continue to slip, foreclosed homes fill some neighborhoods and millions of construction workers scramble for jobs.
But one group is sitting pretty: landlords.
Unlike home prices, rents have been rising, up 2.4 percent in January from a year earlier, according to recent data, not adjusted for inflation, released by the Labor Department.
With few rental buildings erected over the last few years, available units are going fast. Nationwide, the apartment vacancy rate is down to 5.2 percent, its lowest level in more than a decade, according to the research firm Reis Inc.
[…]
“We are more of a renter nation than we have been for a while,” said Christopher J. Mayer, a professor of real estate at the Columbia University Business School.
It’s an interesting state of affairs: home values and prices are plunging because nobody can afford one or will take the risk of buying a home in this economically dying country. But people – including poor people – have to live somewhere (at least until cardboard boxes and park benches start looking like better prospects): so rents are skyrocketing.
Obama has “fundamentally transformed” America into a nation of renters. And more Americans are now forced to live with roommates than ever before:
Home Invasion! How Old Is Too Old for Roommates?
With apartments scarce, even settled, married couples are opening up their homes to strange bedfellows.
By Rachel R. White 5/09 10:55amWhen Michelle, a writer working on a first novel, tells people her husband, Daniel, is a hedge fund manager, they often remark, “Oh, honey, you did well.” And she did. The recently married pair live in a large dazzling loft in Dumbo. They currently rent, though they’ve started looking at places to buy and are getting serious about a second home upstate.
But Michelle and Daniel’s living situation was dealt a serious blow by the economy when Hannah, Michelle’s friend from Columbia, found herself without a job or home. The couple gave her a place to crash, and Daniel found he had to navigate a new morning routine. He was careful to get dressed in the bedroom before venturing out to make coffee, and he learned to keep especially quiet as he pored over the Wall Street Journal and the Times before work, so as not to wake Hannah, dozing on the guest bed in the corner.
Thanks to stagnant employment rates and rising rent prices, such situations appear to be increasingly common. Browsing Craigslist for single-room listings that include the phrase “we are a couple” brings up 131 posts from the week of April 30–May 7 alone. Stephanie Diamond, founder of The Listings Project, an email resource for renters in New York City, says she’s also seen a rise in couples seeking roommates. So has Jonathan Miller, the president and CEO of Miller Samuel Inc., a real estate consulting firm. “More people are sharing rents—doubling up—whether with family or roommates,” he said.
Remember the new book Going Solo: The Extraordinary Rise and Surprising Appeal of Living Alone by NYU sociology professor Eric Klinenberg? Forget it. Mr. Miller calls the whole idea “bizarre,” pointing out that housing formation has lately fallen—which means that more people are actually living together.
Or – if you’re a college graduate who can’t find a job in Obama’s God damn America – live with your parents in their basement. That’s what Obama meant when he said “hope and change,” you just didn’t read the fine print:
Survey: 85% of New College Grads Move Back in with Mom and Dad
By Erica Ho | @ericamho | May 10, 2011The kids are coming home to roost.
Surprise, surprise: Thanks to a high unemployment rate for new grads, many of those with diplomas fresh off the press are making a return to Mom and Dad’s place. In fact, according to a poll conducted by consulting firm Twentysomething Inc., some 85% of graduates will soon remember what Mom’s cooking tastes like.
Times are undeniably tough. Reports have placed the unemployment rate for the under-25 group as high as 54%. Many of these unemployed graduates are choosing to go into higher education in an attempt to wait out the job market, while others are going anywhere — and doing anything — for work. Meanwhile, moving back home helps with expenses and paying off student loans.
The outlook isn’t sunshine and roses: Rick Raymond, of the College Parents of America, notes, “Graduates are not the first to be hired when the job markets begins to improve. We’re seeing shocking numbers of people with undergraduates degrees who can’t get work.”
Guess moving back home isn’t limited to philosophy majors anymore.
By the way, absolutely nothing has changed in the last year: an article that came out May 15, 2012 says the figure is STILL 85%:
Boomerang kids: 85% of college graduates must move back home
By Jessica Dickler | CNNMoney.com – May 15, 2012Editor’s note: Politifactrecently called into question a survey cited in the 2010 CNNMoney article below. The survey, conducted by a company called Twentysomething Inc., found that 85% of college seniors planned to move back home with their parents after graduation. At the time, CNNMoney interviewed the head of Twentysomething, which today is no longer in business. A survey conducted by the Pew Research Center in December 2011 found that 53% of 18- to 24-year-olds are living with their parents or moved back with them temporarily during the past few years.
Getting a degree used to be a stepping stone to limitless career opportunities. Now it’s more of a hiatus from living under your parents’ roof.
Stubbornly high unemployment — nearly 15% for those ages 20-24 — has made finding a job nearly impossible. And without a job, there’s nowhere for these young adults to go but back to their old bedrooms, curfews and chore charts. Meet the boomerangers.
“This recession has hit young adults particularly hard,” according to Rich Morin, senior editor at the Pew Research Center in DC.
So hard that a whopping 85% of college seniors planned to move back home with their parents after graduation last May, according to a poll by Twentysomething Inc., a marketing and research firm based in Philadelphia. That rate has steadily risen from 67% in 2006.
“It’s peaking at levels we have not seen before,” said David Morrison, managing director and founder of Twentysomething.
Mallory Jaroski, 22 graduated from Penn State University in May but has been living at home with her mother while looking for a job in press relations. “It’s not bad living with my mom, but I feel like a little kid. I have a little bed, a little room,” she says.
Jaroski thought she would stay for summer. But like many others, she’s found her stay becoming significantly longer.
College Students voted for Obama in huge numbers. And now they’re getting what they voted for: the most wicked and wickedly failing president in American history.
Now a lot more Americans are living the “college lifestyle” thanks to Obama:
This year about 30% of adults, 69.2 million people, are living in doubled-up households, compared with 27.7%, or 61.7 million, in 2007, according to a September report on income, poverty and health insurance from the Census Bureau.
Late last year I wrote, “Housing Under Obama Worst Since Great Depression – With Poor And Minorities Most Screwed By ‘Hope And Change’.” Last year i wrote, “Obama’s ‘Hope and Change’ In Action: Poverty At Highest Number In 52 Years Census Bureau Has Tracked It.” It hasn’t got any better since.
As a result of Obama’s demonic demagogic class warfare policies that punish workers by forcing employers to cut their workforces, black people have been set back DECADES. And women are losing ground. Obama is HURTING the poor while falsely and cynically claiming to be helping them. Here are four headlines about the very base that makes up the Obama constituency that I wrote about last year:
After decades of hard-fought progress, black economic gains were reversed in Great Recession
Hispanics’ Unemployment Rate Soars
And let me add one about the young people that Obama’s damn-fool policies have failed JUST AS CONSERVATIVES TOLD ANYBODY WHO WOULD LISTEN THEY WOULD:
I can CONTINUE to document that the “Democrats’ War On Poverty Has Been A War On America That Has Done NOTHING To Help The Poor.” I can continue to document that thanks to Obama “Inflation Is Back On The Table As Part Of Obama’s ‘Hope and Change’ Misery Buffet.”
The ONLY reason the unemployment rate is going down is because three people continue to abandon any chance of ever getting a job for every ONE person who is able to actually get a job.
It is a fact that “Real Unemployment Is Skyrocketing With A Record 88 Million Working-Age Americans Out Of Labor Force In Obama’s God Damn America.”
It is a FACT that the “Rapidly Worsening Labor Participation Rate Is Now Lowest In More Than THIRTY YEARS Under Obama’s Failed Regime. PLEASE LOOK AT HISTORY!!!.”
So let me simply ask: “Where Are The Jobs, Obama You Liar???“
Tags: college graduates, doubled-up households, housing, housing mortgage crisis, rent, roommates, unemployment
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