Harvard University and the Gallup poll of the US published reports on the housing situation which has become an urgent issue among the Americans.
According to statistics recently published in the country, including Harvard’s 2024 national report on the present state of dwelling houses, the prices of houses have risen by 29 percent and the rent by 26 percent since 2020.
For example, the sale price of middle-class houses reached a record high of $427 490 in September, a 3.8% rise over the previous year.
With the cost of living and inflation rate continuously going up, it is a hard problem for American families to collect money to buy or rent houses.
A woman living with a little daughter in a single-room rented house in the suburbs of Harrisburg, Pennsylvania, said it is impossible to have her own house and she resorts to every possible means to earn money, but in vain.
She anxiously said that when she extended the house lease contract in December last year, the monthly rental was 100 dollars higher and that it might soar again this winter.
For many Americans in the similar situation, it is by no means easy to live in rented houses.
Families who eke out a living on the minimum wage dare not rent even a single-room house.
The skyrocketing house price is a problem. And another problem is the shortage of houses.
Reportedly, the US suffers from a shortage of houses for 3.9 million families.
According to an opinion poll, half of the respondents aged from 30 to 64 think that it is an unachievable dream to “own their houses”.
Whenever elections take place in the US, politicians loudly advertise that they would solve the housing problem in order to get even one more vote, but actually no practical measures have been taken. It is nothing but a sophism and hypocrisy to deceive the people and hold power.
For many Americans, “to own my house” is becoming an impossible dream to realize.
More From Pyongyang Times
Ri Yong Bae, aged 69, won the age group men's doubles in the division of amateur players of the 2024 National Open Tennis
November 14, 2024
Ri Yong Bae, aged 69, won the age group men's doubles in the division of amateur players of the 2024 National Open Tennis
Palestinian President Mahmud Abbas criticized the aggression moves of Israel in a televised speech on November 10. The Gaza Strip
November 14, 2024
Palestinian President Mahmud Abbas criticized the aggression moves of Israel in a televised speech on November 10. The Gaza Strip
The 26th national exhibition of sports scientific and technological achievements and the national symposium on teaching methods in
November 14, 2024
The 26th national exhibition of sports scientific and technological achievements and the national symposium on teaching methods in
The respected Comrade Kim Jong Un sent a birthday spread to So Pang Ok, a centenarian living in neighbourhood unit No. 2 of
November 14, 2024
The respected Comrade Kim Jong Un sent a birthday spread to So Pang Ok, a centenarian living in neighbourhood unit No. 2 of
Socialism is the lifeblood of the DPRK people. This is because socialism is a country for ordinary workers, farmers and other
November 14, 2024
Socialism is the lifeblood of the DPRK people. This is because socialism is a country for ordinary workers, farmers and other
The loving care shown by the benevolent father for the builders, who are performing innovations in a grand drive for
November 14, 2024
The loving care shown by the benevolent father for the builders, who are performing innovations in a grand drive for
The Pyongyang Children's Foodstuff Factory has increased production. On November 13 2015, the respected Comrade Kim Jong Un
November 14, 2024
The Pyongyang Children's Foodstuff Factory has increased production. On November 13 2015, the respected Comrade Kim Jong Un
Valentina Matvienko, chairwoman of the Russian Federation Council, underlined the importance of unity in her article recently
November 13, 2024
Valentina Matvienko, chairwoman of the Russian Federation Council, underlined the importance of unity in her article recently
A Yemeni resistance force attacked an air base in the southern part of Israel with hypersonic ballistic missiles on November 8. A
November 13, 2024
A Yemeni resistance force attacked an air base in the southern part of Israel with hypersonic ballistic missiles on November 8. A
The DPRK is now faced with manifold difficulties and obstacles standing in the way of its advance. But the Korean people are
November 13, 2024
The DPRK is now faced with manifold difficulties and obstacles standing in the way of its advance. But the Korean people are
Accelerating the construction of research universities is an important task to be tackled in developing our education onto a world
November 13, 2024
Accelerating the construction of research universities is an important task to be tackled in developing our education onto a world
Russian President Vladimir Putin declared at a plenary meeting of the “Valdai” international discussion club on November 7
November 13, 2024
Russian President Vladimir Putin declared at a plenary meeting of the “Valdai” international discussion club on November 7
The Renewable Energy and Electric Power Technology Company under the Ministry of Electric Power Industry has built solar power
November 13, 2024
The Renewable Energy and Electric Power Technology Company under the Ministry of Electric Power Industry has built solar power
Projects are now well underway to boost the level of education at institutions of higher education. The Ministry of Education
November 13, 2024
Projects are now well underway to boost the level of education at institutions of higher education. The Ministry of Education
New houses have been built at the villages of the Oryu Vegetable Farm in Sadong District of Pyongyang. Present at the ceremony for
November 13, 2024
New houses have been built at the villages of the Oryu Vegetable Farm in Sadong District of Pyongyang. Present at the ceremony for
The "Treaty on Comprehensive Strategic Partnership between the Democratic People’s Republic of Korea and the Russian
November 12, 2024
The "Treaty on Comprehensive Strategic Partnership between the Democratic People’s Republic of Korea and the Russian
The secretary general of the Security Council of the Russian Federation criticized the West’s despicable act at an international m
November 12, 2024
The secretary general of the Security Council of the Russian Federation criticized the West’s despicable act at an international m
The Russian Federation ratified the Treaty on Comprehensive Strategic Partnership with the DPRK. President Vladimir Putin signed
November 12, 2024
The Russian Federation ratified the Treaty on Comprehensive Strategic Partnership with the DPRK. President Vladimir Putin signed
There are 20-odd enlistment certificates of the Korean People's Army in the family of Ju Yong Hui living in neighbourhood unit No.
November 12, 2024
There are 20-odd enlistment certificates of the Korean People's Army in the family of Ju Yong Hui living in neighbourhood unit No.
The United Nations Food and Agriculture Organization announced on November 8 that the world food price went up by 2 percent last
November 12, 2024
The United Nations Food and Agriculture Organization announced on November 8 that the world food price went up by 2 percent last
More Articles