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0 pointsscarface_742y ago0 comments

As far as I know, neither the rate of homelessness has gone up nor homeownership has gone down over the past decade.

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https://endhomelessness.org/homelessness-in-america/homeless... It's increased.

The first one wouldn't cover rents increasing but people paying them, albeit struggling.

The second one is a lagging indicator. If lots of people bought their homes when they were cheap and are still alive, it will take time for the real impact to be visible.

twojacobtwo2y ago

Agreed. Though I think that the 'struggling' part creates a lag in both aspects. I think the 'gotta have a side-hustle' trend is a strong indicator of this. I would be interested in seeing the trends in number of people working 2+ jobs (or income streams), population shifts to more affordable areas, and number of disconnects of non-essential services. From experience growing up in a poor family, I know the definition of 'non-essential' can expand greatly as desperation grows.

Edit: Tracking real numbers in homelessness is also just extremely difficult.

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