New York City shows that the Housing Question remains one about global capitalism. - FORECLOSURE FRAUD

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New York City shows that the Housing Question remains one about global capitalism.

New York City shows that the Housing Question remains one about global capitalism.

As the mid-term elections loom, housing remains the rock that many American dreams are wrecked on. That’s especially true of New York City (NYC), where the cost of living is effectively the cost of housing. But as it attempts to navigate a route out of COVID-19, the Housing Question is as pressing an issue for global capitalism, as it was for Frederick Engels when he addressed it in 1872.

Optimism, even if misplaced, is one of the great American characteristics. In 2021, New York’s housing justice movement was buoyed with hope that, from the bad times of COVID-19, a better future was possible. Things were happening that once seemed impossible. During the worst of the pandemic, homeless people were housed in expensive hotels. Relentless campaigning made the city and state virtually eviction-free. Attention was turning to winning permanent protection from eviction without “good cause”. Nationally, the fledgling Biden administration’s “Build Back Better” agenda contained major commitments on housing, including an unprecedented $80 billion investment in public housing.

To continue reading the rest of the article, please click on the source link below:

https://blogs.lse.ac.uk/usappblog/2022/06/15/new-york-city-shows-that-the-housing-question-remains-one-about-global-capitalism/

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