[Homeless encampment in Oakland, California.]
All over the United States, poor and middle class people are becoming homeless due to skyrocketing rental rates, a lack of houses available to buy, and rising property taxes that force homeowners to surrender their properties. Hardworking people who have maintained stable households for decades are now facing the threat of living on the street, and once forced into that dangerous situation, cities respond by tearing down homeless encampments and tossing the last shreds of the victim's property into piles that are sent to landfills. No one seems to care.
If you think it can't happen to you, you might want to think again. In every state rents are rising, often doubling or tripling while wages remain unchanged. Buyers looking for affordable houses are finding that large investment firms are snatching them up in bulk, often paying significantly more than the houses are worth and then turning them into expensive rentals. And even people who currently hold a mortgage are seeing their property taxes increasing by such large amounts they have trouble paying them, putting their homes at risk of being seized by government revenue departments. Add in rising energy and food costs and we have a crisis that's about to explode.
The American dream seems to be dying, and it looks like a planned demolition.
In this documentary, filmmakers Aaron and Melissa Dykes of Truthstream Media show you the problem up close, explaining how we got here and how bad things will get if don't find a solution fast.
Click the center arrow to watch the video:
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