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.

  • Lenny@lemmy.world
    341·
    5 months ago

    Or… solve the wealth hoarding issue at the top, instead of blaming poor people.

    • Whatsit_Tooya@lemmy.world
      241·
      5 months ago

      No no it’s the immigrants!!! (please ignore the real estate funds buying up property and jacking up rents)