This article discusses how the mortgage industry has affected the rate of homeless children. Not only have families lost their own homes, but renters have also been put out on the streets as a result of landlords not informing them of foreclosures. The rate of homeless children has grown a considerable rate as a result of this.
Even parents with decent paying jobs have found themselves no longer able to make mortgage payments with the interest rate re-set on their housing loans. They have been prioritizing their immediate needs before mortgage.
The only thing these homeless children have to look forward to is going to school. For this reason schools have begun to set up facilities where families can by school supplies, clothes and toiletries.
I found this article interesting because it reviews how the crash of the housing market has affected families across the US and has contributed to the rate of homeless children as a result of foreclosure homes. I also found it interesting that schools are setting up sites to help these families in need.
I am doing my newsletter on Habitat for Humanity, and these people are exactly who they provide for. I sickens me knowing that the rate of homeless children is increasing. Something needs to be done to support them. I think the fact that schools are providing access to cheap school supplies is a great start. I think it ridiculous that land lords don't have the decency to tell their tenants that the property is being foreclosed. At least give them a warning so they can look for a new place to live before they end up on the streets.
ReplyDeleteThis is a very important subject that you do not hear much about in the news. My brothers go to an elementary school in a city that has been hit the "hardest" economically from this depression and a record number of students have become homeless. It is extremely sad knowing this and knowing you cannot directly help them. Kids should not have to deal with situations like this at such early stages in life.
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