B.E.A.T Productions presents R.E.A.L Talk Self with Silvia Gina Hunt Episode 10

Link:https://youtu.be/aQ0zPl-tUes

Sylvia Gina Hunt and Kendall Jackman are discussing the current state of housing in New York City. Hunt introduces Jackman as an amazing guest and a dear friend. Jackman starts the conversation by expressing her concern about the 10-year housing plan of the city that has been labeled "Bloomberg Light." She explains that the plan to build 200,000 apartments in ten years is not sufficient to address the housing crisis in the city. She also points out that the new affordable housing being built is not affordable for native New Yorkers who have lived in the city for the past century or last 50 years with minimum wage jobs.

Jackman notes that the Bronx has the distinction of being at the bottom of congressional districts in the country. Despite this, the city is building affordable housing in the area where a studio apartment starts at $830 a month. Jackman argues that people cannot afford such rents, given that many families are already living doubled and tripled up in their current apartments and working two jobs to pay their rent. She points out that if someone is living in a rent-stabilized apartment, their rent goes up every year or two years, depending on their lease, which makes it difficult for them to make ends meet.

Hunt agrees with Jackman and adds that she, too, has experienced the struggle of being in housing and how even a penny increase in income results in a hundred dollars extra charge. Hunt notes that this situation is terrible for people like her, who are struggling to make ends meet. She also highlights that America is perceived as the place of opportunity, but in New York, the housing crisis has made it difficult for people to live comfortably.

This essay will discuss the housing crisis in New York City and how it has affected its residents. It will examine the root causes of the problem, its effects on people's lives, and the city's response to the crisis. It will also explore possible solutions to the crisis and the role of the government in addressing it.

New York City has a population of over eight million people, making it one of the most densely populated cities in the world. The high population density has put enormous pressure on the housing market, resulting in a severe housing crisis. The city's housing crisis is not new, but it has worsened over the years due to various factors such as gentrification, lack of affordable housing, and income inequality.

One of the root causes of the housing crisis in New York City is gentrification. Gentrification is the process of renovating and improving a neighborhood, often leading to an influx of affluent residents and higher property values. While gentrification can lead to improved living conditions and economic growth, it often leads to the displacement of low-income residents who can no longer afford to live in the neighborhood due to the rising cost of living.

Gentrification has affected many neighborhoods in New York City, including the Bronx, where the city is building affordable housing that is not affordable for many residents. The influx of wealthier residents in gentrified neighborhoods has also resulted in rising property values and rents, making it difficult for low-income residents to keep up.

Another root cause of the housing crisis in New York City is the lack of affordable housing. The city's housing market is notoriously expensive, with rents and property values well above the national average. The high cost of living has made it difficult for low-income residents to find affordable housing, forcing many to live in overcrowded conditions or become homeless.

In conclusion, the housing crisis in New York City is a complex issue that affects the lives of its residents. Gentrification and the lack of affordable housing are among the root causes of the crisis, leading to displacement, overcrowding, and homelessness. The city's response to the crisis, such as the 10-year housing plan, has fallen short of meeting the needs of its residents, particularly those who have lived in the city for generations. It is crucial for the government to address this crisis and implement effective policies to ensure that every resident has access to safe and affordable housing. Solving the housing crisis in New York City requires a comprehensive approach that involves addressing the root causes of the problem, providing affordable housing options, and promoting economic equality.