Homelessness Increased by 18 Percent in 2024 and More Americans Can’t Afford to Buy Houses

Now that Joe Biden is on his way out the door, the media has rediscovered the issue of homelessness, which has increased significantly over the last year. Also, more people in the United States are unable to afford buying houses, which is an even bigger problem in some ways.

For decades, home ownership has been the backbone of the American economy. It’s crucial for Trump to address this issue.

The Associated Press reports:

US homelessness up 18% as affordable housing remains out of reach for many peopleThe United States saw an 18.1% increase in homelessness this year, a dramatic rise driven mostly by a lack of affordable housing as well as devastating natural disasters and a surge of migrants in several parts of the country, federal officials said Friday.The U.S. Department of Housing and Urban Development said federally required tallies taken across the country in January found that more than 770,000 people were counted as homeless — a number that misses some people and does not include those staying with friends or family because they do not have a place of their own.That increase comes on top of a 12% increase in 2023, which HUD blamed on soaring rents and the end of pandemic assistance. The 2023 increase also was driven by people experiencing homelessness for the first time. The numbers overall represent 23 of every 10,000 people in the U.S., with Black people being overrepresented among the homeless population.

The border crisis has only made the problem worse.

Among the most concerning trends was a nearly 40% rise in family homelessness — one of the areas that was most affected by the arrival of migrants in big cities. Family homelessness more than doubled in 13 communities impacted by migrants including Denver, Chicago and New York City, according to HUD, while it rose less than 8% in the remaining 373 communities. Nearly 150,000 children experienced homelessness on a single night in 2024, reflecting a 33% jump from last year.

FOX News has more on this:

Migration had a particularly notable impact on family homelessness, which rose 39% from 2023 to 2024, according to the report. In the 13 communities that reported being affected by migration, family homelessness more than doubled.In the remaining 373 communities, the rise in families experiencing homelessness was less than 8%, officials noted.Rents have stabilized significantly since January 2024, with the HUD adding 435,000 new rental units in the first three quarters of 2024, according to the report.The PIT count was conducted at the tail of significant increases in rental costs, “as a result of the pandemic and nearly decades of under-building of housing,” officials said. “Rents are flat or even down in many cities since January.”

What happened to all the media’s happy talk about Biden’s great economy?

Tags: Biden Immigration, Border Crisis, Democrats, Economy, illegal immigration, Inflation, Joe Biden

CLICK HERE FOR FULL VERSION OF THIS STORY