Friday, April 30, 2021

New research parses how income inequality drives homelessness in U.S.

Analysis links income inequality with increased cost burdens, rather than how fast housing prices rise.

Income inequality drives hundreds of people into homelessness on any given night in dozens of communities across the U.S., finds new research in The Annals of the American Academy of Political and Social Science.
A community of 740,000 people where income disparities have risen sharply over the past decade can expect over 550 additional people to experience homelessness on a given night, the researchers report in their paper, “A Rising Tide Drowns Unstable Boats: How Inequality Creates Homelessness.”
Check out the findings here