Joke Collection Website - News headlines - There are more homeless camps in Portland, USA, and local residents have no choice but to sell houses! Why is this happening?
There are more homeless camps in Portland, USA, and local residents have no choice but to sell houses! Why is this happening?
This is mainly because the economic recession in the United States has affected the normal life of many ordinary people, especially those who need to repay personal housing loans and car loans, because they are under certain debt pressure. When their jobs are affected by the epidemic and the economy, many people will experience the situation in loans overdue, so their houses will be confiscated and they will become homeless.
There are a large number of homeless people in Portland, USA.
Affected by inflation and economic recession in the United States, there are a large number of homeless people in Portland, USA. For them, before the outbreak of the COVID-19 epidemic, many people had a bright life, but the COVID-19 epidemic directly changed their lives. Many people will lose their jobs because of the epidemic. With no way to repay the mortgage, some residents have to sell their houses to repay the loan.
This is a very complicated economic factor.
The reason why the number of local homeless people will continue to increase is mainly because the normal life of many people has been negatively affected by the American economy, because the American economic recession itself is a comprehensive factor, which will further affect everyone's daily life and work. When the income of ordinary people is further reduced, if this person's debt is very high, this person will naturally be insolvent. At the same time, the problem of inflation will also lead to an increase in the cost of living for many people. When the debts are overdue, these people will naturally become homeless.
Generally speaking, the number of homeless people in Portland, USA is indeed increasing. Even though the local community is actively helping these people to return to society, many people have lost the ability to earn income, and many homeless people cannot repay their debts normally.
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