• Sam Turner

Homelessness Rises Slightly Despite Strong Economy, Federal Report Finds!

According to an annual report released by the Department of Housing and Urban Development, homelessness rises slightly.

This article is a repost from the New York Times, By Glenn Thrush

Dec. 17, 2018

Despite the booming economy, hoYou’ll be posting loads of engaging content, so be sure to keep your blog organized with Categories that also allow visitors to explore more of what interests them.

Over all, the national rate of homelessness rose by a modest 0.3 percent to 552,830 people without stable living conditions, the report found. But that represented the second annual increase after seven straight years of declines — the result, in part, of rapidly increasing housing costs that have only recently shown signs of leveling off.

“I’m not sure victory is the right word to use here,” said Ben Carson, the secretary of housing and urban development. He attributed some of the increase to about 4,000 people who have been temporarily displaced from their homes, including by natural disasters.

But he also blamed the “headwinds of rising rents” for stubbornly high homelessness rates, which remain relatively flat despite what economists have called the most favorable labor market in generations.

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