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.

  • queermunist she/her@lemmy.ml
    02·
    11 months ago

    yeah yeah you’re Just Asking Questions 🙄

    I think if Biden wants to take credit for the economy by inventing the term Bidenomics, then he gets to take credit for the failures too. Remember, his team were the ones that pushed Bidenomics when they wanted to pretend the economy was in good shape.

    What I want is for Biden to acknowledge the problems that actually exist instead of trying to gaslight us into thinking everything is fine.

    • tsonfeir@lemm.ee
      0·
      11 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.