The Affluent Homeless: A Sleeping Pod, a Hired Desk and a Handful of Clothes
npr.org
npr.org
> There are two big reasons for this shift: the price of housing and student loan debt. A little more than a third of millennials currently own homes, a rate lower than Generation X and baby boomers when they were the same age.
That's the very definition of not by choice. This current effort to rebrand millennials not owning anything as a positive lifestyle choice based on happy clappy sharing economy "choosing experiences" BS is really nefarious.
Given the choice, Millennials would own. They "choose experiences" because they can't afford to own stuff.
It's like breaking someone's kneecaps, and they say they're in the wheelchair by choice, because walking is dangerous and inefficient, and knees are a horrible leg-joint design anyway.
They never had a choice, so they invent the illusion of choice by retroactively justifying that they would have chosen what they have now if they actually did have a different option that some might have considered to be objectively better.
I am well familiar with this. I consciously unwant the things that I want, but cannot afford, all the time. No, I don't need a car manufactured after 2010. No, I prefer to stay at home for my vacation. Eating out is for people who can't shop and cook. The current crop of movies in theaters seems pretty lame. I can wait another season for new tires. We can have strips of skirt steak instead of top sirloin. In fact, how about roaster chicken instead of beef?
It's bullshit that I shovel over myself, and I know it. If I had more money, I would definitely buy more and better stuff with it--to own and not rent.
And why does nobody talk about how we have to pay every fucking minute, regardless what we do, in the share economy? Maybe you spend less money for each activity, compared to owning, but maybe you are just paying more often?
And finally, what about responsibility? If I own nothing, do I ever care about something? Who cares about the gearbox of a rented car? Just have a look at the interior of your average subway train. When the street I live in gets to dirty, why not simply move away?
While I love to be able to rent things that I cannot or don't want to own, I have the impression that this "share everything" paradigm is actually just a toxic mixture of permanent monetarization and centralised control.
(EDIT: I guess that to the extent that you live in a multi-story rental building, you and other renters above and below you share the costs of the single roof above you. But that's, first, not the major cost of home ownership, second, not applicable to all renting, and third, probably a small enough savings that it's eaten up by profits to your landlord and the costs of maintaining a super.)
While it's less obvious with housing the same applies: People buy houses that are bigger than they need at any given moment so that they have the space they need to entertain guests, or house prospective (or past) children, etc. It's much cheaper for me to put my parents up in a hotel when they come to town, than to keep a guest room idle for the next 20 years of my mortgage.
(And in fact you pay for more wear on tires, gas/electricity, and other per-mile costs with rideshare, because the car travels more on your behalf than would a car you own.)
How much house you want/need is a valid concern, but not one that really cuts towards the question of renting or owning your primary residence. You can buy a house without a guest room. I did!
Yes: rented stuff is generally more expensive in expectation - you're paying for LandLord2.0's marketing department.
No: you own a home and the roof leaks - good luck getting the insurance to see to it promptly, even after half a dozen phone calls.
If you are truly time poor and cash rich I suppose it could make sense to rent most things.
There's definitely a case for "paying money to make other people handle shit instead of you." There are lots and lots and lots and lots of opportunities to do this. You can go to a restaurant instead of cooking. You can have food delivered instead of going to a restaurant! You can hire a driver, whether it's through an Uber or through paying the salary of a personal chauffeur. You can hire maids, whether directly or by staying at a hotel. But, again, I don't think this really is that closely related to renting versus buying.
Sometimes what you can get in rent is less than what it costs to maintain a property, but it’s still better than letting it remain empty. Assuming the owner is even that financially disciplined. And again, sometimes people just don’t understand the finances.
Sometimes the rent people can charge is far higher than the cost to maintain property. But that doesn’t mean the owner is selling or that the renter is in a position to buy.
One is not categorically better than the other in all situations.
I guess for people who are comfortable forever being tenants, it could work pretty well. Certainly there is a class of people who are comfortable being the landlord.
To be fair, though, you can buy insurance for those unpredictable costs.
They do, that’s why they are behind all these PR/fluff pieces like this one that promotes the “affluent homeless” life style.
You to can live the homeless dream and own two pairs of clothes...working when you want and where you want. Best part is you won’t get any benefits, like health insurance.
It used to be any riff-raff could achieve the homeless lifestyle without even a job, but big tech is classing up the streets. Now everyone thank big tech making homelessness great again...just don’t shit on the sidewalks.
And just in case you weren’t convinced how great the life is, they throw in a PhD quote promoting these “choices”, odds are the PhD will be homeless soon too and hoping their qoute will get them a job.
Curious how you read anything but promotion into this article?
So for starters, it's clearly a "straight news" piece, so the overall tone is neutral (not promotional), but the subtext is pretty obviously negative:
1) The tragic photo at the top of the piece.
2) Highlights the role of adverse circumstances: "There are two big reasons for this shift: the price of housing and student loan debt." / "But a lot rent and share because they're broke and they need to save money."
3) Ends with this quote focusing on how unsustainable it is: "It's not something that you can do forever, because you do need to have a place that you can genuinely point to and say, this is my home," he says.
2) the entire article highlights how this is a lifestyle choice...and you cherry-picked the sole comparative quote acknowledging not all homeless are affluent and homeless by choice.
From the NPR financial sponsors:
>"We're selling joy," he says. "We're selling inspiration when you get out on a trail or go for a bike ride. We're selling the adrenaline buzz at the end of a run, and we're just trying to enable that in any way we possibly can."
3). Right...”you can’t do it forever” we shouldn’t be speaking about homelessness in these terms. Nothing is going to change to make these homeless people not broke and magically be able to go out and buy a home.
And I'll wager the journalist chose that quote about "selling joy" to emphasize how ridiculous it sounds. There's a degree of dramatic irony at work here; you have to understand how to read between the lines.
e.g. here's one of the author's colleagues at NPR retweeting the "Hilarious story from @samsanders" https://twitter.com/pgogoi/status/1120711647323197440
I guarantee you NPR journos do not think everyone should live in "PodShares"
The qoute is from their financial sponsor...the “journalist” is not picking quotes, and they are not mocking their sponsors “ridiculous” quotes, they are being paid ...and they are pushing their sponsors brand new rental business.
I think your interpretation badly misunderstands the relationship between journalists and sources quoted. Every reputable publisher has a strict separation between the advertising/business side of the organization and the editorial side.[0]
[0] https://ethics.journalism.wisc.edu/2012/12/19/breaking-down-...
The upper crust of society was always good at promoting things the lower ranks should do for them. Same with war. The little guys usually have nothing to gain from war but the big guys give them ribbons and "valor" to make it cool to go to war and die for them.
This is what's toxic, the idea that people who don't have the capital to buy an enormous asset must not care about where they live.
>Owning a house or an apartment might seem unnecessary in our modern society, until the next rent increase or some disturbance in your financial situation (assuming you're not sitting on a huge mortgage).
There's a large number of people (myself included) who are affluent but not affluent enough to own property without sacrificing standard of living. In a "steady state", you would expect the cost of renting and owning to be comparable, but in a bubble context owning is incredibly more expensive for the same unit because future rent increases are already priced in to the asset. That is the case for all of the top cities in the country.
Indeed, from my understanding many young people want to own property but have doubts they will ever be able to
> And why does nobody talk about how we have to pay every fucking minute, regardless what we do, in the share economy?
This is just an economic fact of life for everybody under capitalism, no matter how you slice it. If you invest capital to own something instead of renting it, you're constantly paying on the opportunity costs of another investments' dividends. This is in addition to the cost of maintenance and real estate taxes (for property), or the cost of maintenance, depreciation of asset, and cost of insurance (for cars), etc
> Who cares about the gearbox of a rented car? Just have a look at the interior of your average subway train. When the street I live in gets to dirty, why not simply move away?
I agree but these are collective costs, not individual costs (unlike the other points you made). Capitalism rarely factors in collective costs unless it gets to a certain breaking point for congress to act, like rivers catching on fire.
> While I love to be able to rent things that I cannot or don't want to own, I have the impression that this "share everything" paradigm is actually just a toxic mixture of permanent monetarization and centralised control.
"permanent monetarization" - that's just capitalism 101. Labor exists in a state of permanent monetarization because they don't have capital. If you have capital, see my above comment for evaluating whether you buy or rent+invest with said capital.
I don't agree with "centralised" - the long-term rental market is decentralized but should fall into the same bucket. There's no real reason you couldn't have a decentralized uber or airbnb, except that these services rely on technology for convenience, and there's all manner of problems with decentralized internet technology that makes it unlikely to succeed (I'd bet 10 bucks theres been an ICO for an uber-on-the-blockchain startup already).
And you don’t have to fix it or maintain it.
But how about it enables you to travel whereever you want whenever you want?
And you’re spending money on car notes, car insurance, and in major cities, parking, not to mention maintenance and repairs.
Owning a house or an apartment might seem unnecessary in our modern society, until the next rent increase or some disturbance in your financial situation
Most people have a mortgage who do have house. But if you have a financial situation, it’s much easier to relocate to find another job when you rent than when you own.
While I love to be able to rent things that I cannot or don't want to own, I have the impression that this "share everything" paradigm is actually just a toxic mixture of permanent monetarization and centralised control.
And owning everything is more to stuff to maintain and makes it harder to downsize when needed.
Cynically, this sounds like we've found a way to reinvent the packed tenements of the industrial revolution
The reason I don't currently live at PodShare, like the subject in that article, is that I remembered seeing the monthly fee being well over $1000, at which point it makes no sense over simply renting a room in someone's house.
Cynically in the context of the articles' semi-upbeat note about affluence, minimalism, and personal decision to own experiences rather than stuff.
I don't necessarily disagree that we need more tenements, except that I would have to carefully qualify what kind of tenements we're talking about. The industrial revolution held some horrifyingly poor standards of living that I wouldn't wish on my enemies.
Full-time RV'ers, for instance, would be houseless. A person who has given up their house or lease, and disposed of or stored their possessions to take a long-term trip (gap year, thru-hike, etc) would be houseless. Hashtag vanlifers? Houseless.
Similarly, I'd call somebody living the lifestyle presented in the article houseless, not homeless.
"And then maybe four days later, a week later, if I'm still hanging around as a reporter, that's when I hear about the foreclosure or the 401(k) that got wiped out, those other details. So people are eager to tell you that they chose this, but their options have narrowed quite a bit in recent years. So, you know, on the one hand, there is the I'm out there and I'm having an adventure. And on the other hand, this is sometimes the result of few options."
In the end, people are involved in complicated choices in their complicated lives. Still, it seems that most people would rather not be RV-ing their way through life, but make the best of it and put on a smile despite their situations.
A similar effect may be occurring with the OP.
[0] https://www.npr.org/2017/09/25/553532591/nomadland-tracks-ri...
[1] https://www.amazon.com/Nomadland-Surviving-America-Twenty-Fi...
I live in a bus. I choose this life. I know many others who also made this choice. I could afford a decent mortgage if I wanted to. Instead I'm exploring the country while I put that money towards paying off other debt and into savings. At some point I'll buy real estate but not today.
There are also forums dedicated to people building their own vehicles. Cheap RV Living has one. Skoolie.net[4] focuses on buses. Then there's a whole segment of adventure / overlanding vehicles such as Expedition Portal[5].
2: http://reddit.com/r/vandwellers/
3: https://www.cheaprvliving.com/
I was surprised that the 2017 tax cut didn't seem to have any mechanisms to address the lack of middle class housing. I'm not sure if "opportunity zones" is sufficient.
I grew up in a privately owned middle density (around 100 apartments) building, no parking but close to public transit and affordable for a wide range of income, it's baffling that more of these don't exist.
Definitely worth supporting legislation like HB 2001 in Oregon that makes it possible to build slightly less expensive housing in broader areas.
One caveat though - living in big coastal cities we get decensitized to costs. 350k for a 2br isn’t really affordable. Using the rule of thumb from 60s - if median income is ~60k, the affordable home should not be more than 3x that, which is $180k.
Maybe a first step is to legalize higher density constructions in general - allow using a larger percentage of the same lot, subdivided into more units, all by right without the need to obtain exceptions from your local zoning board and without the chance for your neighbors to veto the development.
If it were dirt simple to replace a single family home on a large lot with multiple homes on subdivisions of the lot, by right, for literally every single neighborhood in the state, we would avoid this cat and mouse game where everyone wants higher density until it comes to their neighborhood, because in their neighborhood the {traffic, schools, transit, lack of transit, sewer infrastructure, environmental concern, blocking sunlight, blocking view, etc} situation is too precarious to take the risk, so we need everyone to move somewhere else
Even if we want the government to take heavy action to spur more construction, part of the reason every developer builds luxury housing is because it's so damn expensive and risky just to get through the stuff that comes before construction even begins (and consequently, lots sit idle for years at a time going through approval). That idle capital needs a return, so the only viable construction is luxury. We can address this issue now, and so if we inject taxpayer dollars to address housing later they will be more efficiently used anyways
Luxury housing is built because it’s more profitable. But as new luxury is built, older luxury just becomes middle income.
Hell, in DC the luxury places are often smaller than older middle income apartments.
Also in some cities, middle income people cannot afford housing period.
Light sleeper here.
Apartments are a nonstarter for a lot of people, due to poor soundproofing.
Unless and until soundproofing gets better -- and I mean a LOT better -- apartments will never be practical for a nontrivial percentage of the population, as much as we might otherwise prefer them.
Most likely never going to happen, at least not in the US where apartment buildings are basically wooden matchboxes. I grew up in the well-known gray communist concrete blocks in Eastern Europe and I never heard my upstairs neighbors peeing until I moved to the USA.
Edit: speling
I would say the same for the guy in this article. He's made a lifestyle choice.
True homelessness is not a lifestyle choice.
I'm quite certain the author of this article would call me homeless. In fact I've been living in my vehicle for 3 years while driving around Africa, and I've never been happier in my life. Certainly night and day compared to when I was working a Desk as a Software Engineer, renting a nice place.
I have no interest in ever owning a home, and I'm sure I'll move between renting and living on the road as I see fit. That I should be labeled homeless for this is partially laughable, but also really disgusting. The drive to force people to consume is intense in the West.
There is a difference between you, who has taken a conscious decision _not to own_, and has the means to drive around Africa, and someone who has no choice but to do that in order to support a precarious existence as a social media content producer in Hollywood.
Likewise, the cost of living in Scranton, PA is proportionate to the opportunity for gainful employment there.
I actually think what the author is doing is important. It is about reframing homelessness as something not for just destitute or lost people, but a way of life that can result in happiness. I think you are homeless as well, and I’m glad you are. What word would we use instead to describe someone without a home?
I do suppose at the end of the day you probably feel similarly to me, that a home is more than a McMansion or an apartment - maybe wherever you happen to be in Africa is your home? I’m not sure how to rectify the idea of a physical home with the abstract idea of home, definitely worth reflecting on.
It's totally valid to choose an alternate lifestyle, if that's what you want. It's great that there are more opportunities for people to do that, while retaining flexibility and access to different services.
But it's important to also be aware of the factors that might be forcing people into accepting alternate lifestyles when they don't want to. It's not about "choos[ing] not to own a 4,000 sq. ft. McMansion", but about being unable to own or even rent a modest living space, even if you'd rather not be sleeping in your vehicle or a "pod".
A movement towards corporate rentiership is something that we should absolutely critically examine the wider effects of. There is a cost associated with renting of property or services – and that's fine, if you're willing to pay the cost in exchange for increased flexibility. But it does seem like there's an issue where things like property ownership end up completely out of reach of otherwise affluent people, because capital is so concentrated in the hands of a rentier class.
Maybe you don't like the word "homeless", but I can't help but feel you're creating the stigma for yourself.
Call me a pessimist but this is going to hit societies hard in the next decades. When there are not enough young people to sustain pension systems, and the people in their 30s or 40s don't have a house, savings or any other asset to make up for not having a decent pension system...
What does that mean exactly, in his case? Is he an "influencer" like TheYachtGuy (https://melmagazine.com/en-us/story/the-lonely-life-of-a-yac...)?
Podshare lists rates of $1,000/month in LA (not SF). I don't know what local rents are there, but my guess is that Podshare is below the rates of studio apartments, but at or around the rates of renting one bedroom in a house.
You can get a cheap new car for a lot lower TCO than traveling an equivalent number of miles with Uber. Like, a lot lower, unless your utilization is crazy low. If you travel under 2,000 miles per year or so, Uber might be the best option for you.
We could absolutely afford the mortgage, even if we both lost our jobs and had to find lower pay replacements. We were conservative in every calculation. We put 20% down etc.
Buying a new home is where we tripped up. Right when the economy was starting to crash we bought another house (wife was pregnant) and put our first home up for sale. At the time of course, no one new what was ahead of us "recession" wise.
Obviously in hindsight it was a mistake, but at the time homes were selling like hotcakes and we didn't worry. Prices were also still climbing quickly and we worried that in a few years we'd be priced out of the market.
However, it's worth noting that our first home's value has still not reached it's peak (what we paid) so if we stayed there, we'd still have negative equity. Luck, timing etc. etc.
The takeaway for my wife and I was that it's better to be fiscally conservative, or enormously fiscally aggressive but nothing in between. We crossed that line every so slightly and paid a huge price.
For some people, being homeless isn't a real option.
The article should be called something like, "The Non-Indigent Homeless."
Words matter.