Rising homelessness: The reality of life for workers in a “booming” US economy

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    • #2327
      Ohio Barbarian
      • Total Posts: 21,777

      This is a detailed analysis of a very recent HUD report on homelessness in America that has been ignored by the corporate media. It even has a good chart and a map of how much it costs to afford a 2 bedroom home in all 50 states. From the WSWS article:

      On any given night in the United States 553,000 people experience homelessness, according to the 2018 Annual Homeless Assessment Report (AHAR) published by the Department of Housing and Urban Development (HUD) and sent to Congress on Monday.

      The report shows that homelessness is on the rise for the second year in a row. It underscores the harsh reality for broad sections of workers in the world’s richest and most “advanced” capitalist country, under what is routinely described as a “booming” economy.


      Among the top factors driving the increase in homelessness is the drastic rise in housing costs in major cities. This is exacerbated by the continuation of wage stagnation, despite a near-record low official unemployment rate.

      According to the report, over half of all people experiencing homelessness resided in one of the nation’s 50 largest cities. The most notable increase took place in King County, Washington, which includes Seattle, the sixth most expensive city in the US. Homelessness rates there rose by 4 percent.

      Full article here.

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