Rents over the last two decades have risen much faster than employee pay, contributing to an escalating homelessness crisis in the U.S.

A growing number of Americans are ending up homeless as soaring rents in recent years squeeze their budgets.

According to a Jan. 25 report from Harvard’s Joint Center for Housing Studies, roughly 653,000 people reported experiencing homelessness in January of 2023, up roughly 12% from the same time a year prior and 48% from 2015. That marks the largest single-year increase in the country’s unhoused population on record, Harvard researchers said.

  • TherouxSonfeir@lemm.ee
    0·
    10 months ago

    Adding “omics” in reference to the economy is not something that started with Biden.

    So again I’ll ask, do you think that we would be in a better state today if Trump had won in 2020? I’m not asking you to endorse either party.