Lack of affordable housing is the #1 reason that people are homeless. Let’s look at the Top 5 cited reasons that people are homeless.ĥth most common - Substance abuse - drugs.ģrd - Poverty. So that’s why I’m talking about it in the first of two show segments here.

Why are people homeless? Well, the #1 reason is real estate-related. I’m Keith Weinhold, this is Get Rich Education.Įven in the affluent United States, there is a large and growing population of vagrants - homeless people … more than half a million of them … and you & I … unknowingly play a role in keeping them homeless. From Sarasota, Florida to Sarajevo - in Bosnia and Herzegovina - and across 188 nations worldwide. The second part - in general, world class cities don’t make any sense to invest in for cash flow - New York, LA, DC, London, Singapore … but we’re going to discuss one “world class” city that actually DOES. Why are people homeless - and why might you & I be partly RESPONSIBLE for it, in fact? Real estate is a substantial input into homelessness. Reply “STOP” to cancel.įollow us on personal to Get Rich Education! I’m your host, Keith Weinhold, with a two-part show. QRPs: text “QRP” in ALL CAPS to 72000 or:īy texting “QRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. If you’re serious about building your cash-flowing portfolio, learn more and see property at: Resources mentioned: In northwestern Indiana (suburban Chicago), you avoid the high cost of Illinois property.Ī typical SFH has $1,350 rent and a $125,000 purchase price. Chicagoland’s numbers make sense for real estate investors. Then, Chicago is a world class city with lots of economic diversification.

(Complete transcript on homelessness segment below.) The problem goes right through real estate.įactors include: NIMBYism, minimum wage, salamanders, smoke detectors, and rent control.

Less intrusive hud 2