Compass Housing: Pew Charitable Trust says that homelessness is a housing problem
Thursday, August 31, 2023
You've heard us say this a few times over the years, but the Pew Charitable Trust has just confirmed this with a new study just released in August.
The study shows how housing costs drive levels of homelessness and the cities with the higher costs of living have higher cases of homelessness.
"A new analysis of rent prices and homelessness in American cities demonstrates the strong connection between the two: homelessness is high in urban areas where rents are high, and homelessness rises when rents rise."
Read the full article here
Posts
1 comments:
And we have unfettered "free market" that allows huge corporations to purchase housing stock and price out first time buyers, forcing them to rent and pay multiple fees in addition to rent. Years ago the city of Fremont in California purchased mortgages to keep people from being foreclosed during the housing/banking debacle. Would be nice to see innovation at all levels to help house us. People with stable housing contribute to the economy because they can work and pay taxes. Win Win!
Post a Comment