by Rick Boone

SACRAMENTO (CBS13) — Governor Gavin Newsom and Sacramento Mayor Darryl Steinberg responded to President Trump over his criticism about California homeless.

The Golden State elected officials joined others to pen a letter to Trump asking him to join them in solving homeless issues. The letter comes just as Trump is set to arrive in the San Francisco Bay Area on Tuesday.

Topping the request list is a need for 50,000 more rental subsidies vouchers, an increase in the value of the vouchers, and incentives to landlords to accept the vouchers.

READ: California Asks Trump For Housing Vouchers To Aid Homeless

It’s a plan those living on the streets say can’t come fast enough.

“Apartments are outrageous here in Sacramento. It’s $800 or $900 a month for a cottage or a studio. People only get $745 a month, they can’t afford it”, says Bill who lives on the streets.

Last year, 132 homeless people died in Sacramento. So far, the White House has not officially responded to the letter.

  1. Duane Angell says:

    As you might expect, Trump thinks California is the cause of their own problems because they have built shelters and because they don’t rough up people living on the streets. Obviously none of this is HIS fault.

    Well maybe it’s not so obvious. The cost of housing has gone through the roof. One reason is that the cost of building materials has dramatically increased. I wonder if the 24% tariff on Canadian Lumber, the 25% tariff on steel and aluminum, or the 25% tariff on 450 items made in China that are commonly used in residential construction may have had anything to do with that?

    Another reason for the increased cost of constructing houses is the rise in the cost of labor. I wonder if Trump’s refusal to allow workers from Mexico into the country have hit the housing industry as hard as they have hit the agricultural industry, especially in California.

    Donnie loves to brag about the unemployment rate. But don’t ask him to talk about the wage cuts people have had to take to get jobs. Productivity has risen dramatically over the past 20 years. But wages have not. If the cost of housing is factored in, most people will discover that they have actually less spending power than they did a few years ago. Trumps answer to that is to work harder and longer as he cuts back on safety in the workplace, long established labor rights, and the right to organize.

    There is one other relatively silent problem in the housing market. Wall Street has moved into residential housing. Some of the world’s largest private-equity groups and hedge funds, as well as other large investors, have spent billions in this market. In one Atlanta suburb, they bought almost 90 percent of the 7,500 homes sold between January 2011 and June 2012 and as of 2018, institutional investors owned at least one in five single-family rentals in some parts of the Atlanta metro area. People who buy to own are competing with people who buy to invest. Large companies in this niche are merging to make the market even more concentrated. Trump has made his fortune in real estate development. Somehow I don’t think he’s going to roll back the new deductions, write-offs, and reduced tax rates he gave himself with the tax restructure that he and the GOP rammed through Congress a couple of years ago.

Leave a Reply to Duane Angell Cancel reply