Anything Essay Example | Topics and Well Written Essays - 250 words - 11

Anything - Essay Example House ownership grants one access to opportunities for families such as neighborhoods with good schools, jobs and public services. In order for one to get good housing the amount of money he is paid becomes a factor. This essay will examine the trends in housing and the financial position of an individual in details. There is a large gap in house ownership between different people which has continued to increase though barriers in homeownership for the minority groups were lifted long time ago. The current housing policy now targets minority homeownership with the specific intention of closing the gap in house ownership among different groups. The casual expansion of urban land which was traditionally professed as an significant way through which the poorest inhabitants of the urban centers got shelter. This has changed since most of the middle, and high-income households tend to buy land casually for housing. It is clear that those workers who are able to learn new working skills especially in technology will benefit from higher salaries. But on the other hand those who are used to carrying out routine jobs which can be handled by computers and robots will be competing with few jobs or will be pushed into low-skill jobs and hence it will be difficult for them to afford buying better houses (Tal ly 22). It is difficult for the middle-income people to purchase a house in the formal market. This is due to their low-income. This in turn forces them to construct low cost structures as their homes and expenses and can increase the budgets of the developer beyond the monetary capability of the scheme. The cost of land on the other hand, has increased greatly hence this leads to increase the housing gap. Those people who earn larger amount of money posses the ability to construct several houses, which they in turn they rent to the low-income earners at high costs In most parts of the country it evident