Homelessness is a vexing problem in many metropolises, whose citizens have suffered a high extent of the gap in income rate regardless of whether
this
is a developed nation or an undeveloped nation.
This
essay will explain the reasons behind
this
phenomenon, including family circumstances and the inflation of real
estate
prices.
However
, all of them could be eradicated pedantically in the following remedies.
Firstly
, more and more homeless in almost all nations around the world, which stems from their family situations.
In particular
, if people were born into poverty families, they could not have anyone to orientate them to seek a high-paid job.
Furthermore
,
instead
of enrolling on universities and learning critical skills in a certain major, the poor usually go to the workplace after graduating from high school to partially share their financial struggle.
Due to
the lack of academic degrees, the poor have fewer opportunities to compete with bachelors, despite how much effort they put into their workplace.
As a result
,
this
stifles them from climbing a higher ladder with appropriate salaries and better welfare compared to their endeavour.
Secondly
, the resonant factor that has exacerbated
this
condition is the inflation of real
estate
prices. In general, the poor and middle-income family use almost all of their salaries to pay for their cyclical mortgage.
As a consequence
, the resonance of both factors led to the expansion of the gap in income and put more people under the poverty line as their parents could not cover their education fees. These factors trap them in the vicious cycle of poverty, famine, homelessness and illiteracy.
Nevertheless
, the ramifications of
this
puzzle could be solved holistically by encompassing these methods.
Initially
, An outstanding solution that has proven effective for
this
issue is giving free tuition admission expenses from high school to below and providing financial grants for meticulous students in universities.
Thereafter
, all graduates could have the same opportunities, which support them achieve their higher positions.
Consequently
, these educated scholars bring beneficial values to the community and contribute to narrowing the disparity gap in income.
Besides
, to solve
this
problem holistically, the government should tighten the tariff regulations relevant to the real
estate
market.
In other words
, these judicial modifications could stifle the speculation of the rich and lead to a diminished trend in the price of houses.
For example
, if a progressive tax system in property for living is applied, the rich will spend more money on tax payments on their premises at an exponential level. The premises market in VietNam dropped dramatically since these modifications were made because the bosses had to pay an exorbitant monetary amount to the Vietnamese tax department.
Consequently
, these living apartments have become more affordable and worthy compared to their benefits
To conclude
, the poor inherent financial capacities and the speculation of real
estate
have resulted in more homelessness, which could be addressed by providing partially free education programs and better favourable interest loans for owning the first apartment.