The Barrier to Affordability in the Housing Market

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"It was just finding a place at all in LA that was in a location that we could find livable," he says. "The waiting list for public housing in a city like L.A. is not counted in years anymore, it's counted in decades." The government spent $193 billion in homeowner tax subsidies two years ago and only $53 billion on direct housing assistance to the needy,. Only one in four families who qualify for any kind of housing assistance, rental assistance, public housing, only one or four receive it.

The United States is one of the wealthiest nations on the planet, so why is it that our poverty rates surpass those of so many other countries? In this episode, sociologist Matthew Desmond shares a hard truth with Adam: we are constantly reinforcing wealth inequality in invisible ways. The good news is that we're capable of divesting from the ways we may inadvertently contribute to the system. Pick up Matthew's book at factuallypod.com/books

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