In the aftermath of Hurricane Harvey, where many of the city’s homeless have been forced to leave their homes, many of those living in rent-to-own units have been left with little choice but to move out.
The problem is, the units have become increasingly crowded as landlords scramble to fill vacancies.
The result is a rising tide of homelessness that’s causing property values to plummet.
But in many of Houston’s rent-for-equity rent-controlled apartments, it’s the people living there who are suffering.
The number of vacancies on the market has skyrocketed, according to the city of Houston.
Last week, the Houston Housing Authority said that it had 863 vacancies on its market, an increase of almost 100 percent from last year.
In the last two months alone, the agency said it has added more than 2,300 new vacancies to the market, with more than 600 of those units occupied by people who are either unable to find housing or who have been evicted from their homes.
Many of those tenants are elderly or disabled, and are forced to live in rental units that are either too cramped or too small for their needs.
Many of them have to live with their landlords in an unsafe, unsanitary or unsanitized building.
“The rental industry is an absolute joke.
It’s very easy for them to go out and find a tenant that has a bad credit history and they can just rent to them,” said Jennifer Loyne, an attorney who works with homeless people and families.
Loynes said many people are living in an environment that is more dangerous than the rental market.
“It’s extremely difficult to find a person that’s a qualified tenant, a qualified contractor, or someone that is qualified to be living in a rental unit.
That’s the problem.
If you can’t find a qualified person, there’s no reason for them not to rent,” she said.
The Houston Housing Agency has seen a rise in the number of units that have been sold in the past few months, as well as an increase in the amount of time it takes to get a new tenant to move into an apartment.
That has led to more vacancies, with many people living in the units being evicted before they even have a chance to get into them.
“I’m trying to stay here as long as I can, but the rent is just astronomical,” said Jacqueline White, who lives in a unit in an apartment complex in the Westwood neighborhood of Houston and rents it out to her sister.
White said she’s already been evictions twice since Hurricane Harvey.
The rent on her apartment is about $2,000 a month, and she’s paying it out of her own pocket.
She has to pay off her mortgage to rent her unit, and her credit is being taken care of by an attorney, who is working to help pay her rent.
The lawyer said she has been paying more than $600 a month for her rent, and is trying to pay $1,000 each month, but her rent has skyrocketled.
“If you have a good credit history, you should be able to get on the rental housing market.
But the way it’s going right now is it’s just not fair for people like me, who are disabled, people who have Alzheimer’s or who are on fixed incomes, to be priced out of the market,” she told ABC News.
Loyne said she thinks the current rent-control system in Houston will continue to hold people back for the foreseeable future.
“As long as they continue to have an illegal market, the people who can’t afford the rent will be left out, so that’s the biggest issue right now,” she explained.
According to the Houston Rent Board, there are now more than 1,400 rent-restricted units in the city.
“Rent-to have-nots are the people that are in those rent-regulated units who are left out of all the market options,” said Loyanne.
Some of those people are struggling to pay rent, either because they are unable to pay, or are paying a penalty for not being able to pay.
Liz Breen is an attorney at the National Law Center on Homelessness and Poverty who specializes in homelessness.
Breen said that as the economy worsens, and people become homeless, they often leave their properties vacant for months at a time.
She says the number one issue for people who rent out their homes to people they know is that the rental property is now being owned by an individual who is living in it on a short-term basis.
The average monthly rent in Houston is $2.33, but that’s not the case for people renting out their properties, or for people living on the street.
Lately, she said, people have been making money off the rental properties by taking them out of use.
“A lot of people that I talk to who are renting out property in their neighborhoods are using them