cross-posted from: https://lemmy.world/post/11260607
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.
The article is new but it’s citing data that’s a year old.
"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. "
Probably the newest data available. There’s no way that the trend has reversed rather than sped up since then.
At least inflation rate went down, but with ever increasing rental cost the picture probably doesn’t look much better.
EDIT: Added “rate” to avoid any confusion that I may suggest there’s deflation.
Inflation didn’t even go down, it’s just increasing at a slower rate. Things are still getting more expensive compared to how much money people have available.
That might be what you meant, but just wanted to make it crystal clear…
Right… usually people talk about the inflation rate, not the overall devaluation of the currency. I wasn’t trying to suggestion there’s a deflation with the dollar.
But more people can afford yachts.
Don’t worry folks the Supreme Court is about to rule that homeless can be fined for being homeless and then cities will jail homeless and they won’t be homeless nomore /s
