Best quotes by Matthew Desmond on Poor

Checkout quotes by Matthew Desmond on Poor

• ‟ The standard of 'affordable' housing is that which costs roughly 30 percent or less of a family's income. Because of rising housing costs and stagnant wages, slightly more than half of all poor renting families in the country spend more than 50 percent of their income on housing costs, and at least one in four spends more than 70 percent.

  - Matthew Desmond
  

• ‟ Payday loans are but one of many financial techniques - from overdraft fees to student loans subsidizing for-profit colleges - specifically designed to pull money from the pockets of the poor. This problem generally goes unrecognized by policy makers.

  - Matthew Desmond
  

• ‟ If we continue to tolerate this level of poverty in our cities, and go along with eviction as commonplace in poor neighborhoods, it's not for a lack of resources. It will be a lack of something else.

  - Matthew Desmond
  

• ‟ The face of the eviction epidemic is moms and kids, especially poor moms from predominantly Latino and African American neighborhoods.

  - Matthew Desmond
  

• ‟ Poor families are living above their means, in apartments they cannot afford. The thing is, those apartments are already at the bottom of the market.

  - Matthew Desmond