Homelessness has fallen. But will it stay low?

“Although unemployment is recovering, the number of people at risk of becoming homeless is staggering. In 2011 8.5 million households were spending over half their income on rent and earning less than half of their area’s median wage. Since then, rents have gone up. But incomes have not, and the poverty rate is unchanged. Poor households are one small financial crisis away from losing their homes.”

Tales from the streets, The Economist, Dec. 7, 2013, p. 33

FacebookTwitterGoogle+WordPressBookmark/FavoritesBlogger PostShare