SB 1533B: Home Bill Analysis

Improved Essays
The American Dream is different for everyone, since it has infinite interpretations. Whether it be having a family or owning a house, this dream for many people has been harder to achieve. In today’s modern world owning a house or a place to call home has been more difficult to obtain, since affordability has decreased, especially in the cities. Portland, Oregon is an example of the occurring situation and because of its popularity the area has become highly populated. A place is only worth as much as someone is willing to pay. As a consequence to the ongoing situation, low income communities have been losing their homes, for they can no longer afford living in their homes. A solution to combat this issue is the SB 1533B. This bill requires …show more content…
With the low income community in the area, they will not be able to contribute to the money required for the city to fulfill its economic demands. The city is still growing and it is essential for it to have economic stability in order to meet its needs. This is why city restaurants are more expensive than the restaurants in rural areas. If these low income residents continue to reside in the area, they will still face the expenses of living in the city and it will still be hard for them to afford living in the area. Even though they can afford a place, the bill doesn't guarantee that it will be enough to keep them secure from other expenses that are correlated with living in the city. Portland needs sustainability of resource and the effort of its residents to create a better …show more content…
Although it is not certain the actual effect the bill will have, the perception of possible outcomes is what will drive the bill to be implemented or discarded. Even with the possibility of the declination of economic profit, the American dream being reached, a diverse community and the decline in profit for the landlords, the good intentions and the desire for Home is where the heart is and if this bill can make this happen, we are a step closer to fulfilling a sense of security for people who deserve to make their dreams a reality. The bill provides everyday people with the chance to own a home and make the American dream prosperous. Together we can be the ones to assisting our community and help come up with more initiatives that will project more people to be a home

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