What about renters all across America when it comes to stimulus bailout money?

A lot of attention is given to people that own houses that can't pay their mortgages or have lost their homes, but I don't hear any mention of people that rent that can't pay their monthly rent. I'd be willing to bet that at least 60% of Americans rent. I know it's impossible to please everyone, but it seems like renters are being totally ignored. If you can't pay your damn rent due to being laid off or because of shortened hours due to the economy, your asss has to move! Anybody feelin' me on this? Any renters out there that can relate?

Renters are being ignored because there are already programs out there to help such as rent assistance (Section 8), and many public housing authorities have places where you only pay a small fraction of your income as rent. Its not that hard to be a renter, but to be a homeowner, that is much more expensive, and they have a larger liability than renters, so I understand why they are being helped first than renters.

1. your numbers are way wrong.

2. easier to get out of an apartment when you can't afford to pay than a mortgage. way way easier.

3. with renting, things like maintenance, property taxes, upkeep, etc are not your problem, they are the landlords. this is what eats up a huge chunk of your money when you buy a home.

First your numbers are WRONG. Homeownership in the US is around 65%. This means that 35% rent.

2nd, the bailout is helping rents with lower income taxes and rebates.

3rd, there is the 8000 tax rebate for you if you want to purchase.

I'd be willing to bet that your statistics are way off. I'd also have to say that leaving an apartment for a cheaper one is much easier than selling a house that no longer has any value.

I can't relate, but I don't understand why they would help home owners and not renters. It seems unfair.