Unaffordable Housing and its Impact on the Lives of  Homeless

In 2022, there were an estimated 582,000 homeless Americans. A report published by Homebay sheds light on the correlation between expensive housing and the rate of homeless people across the US. Data collected across the 50 largest metropolitan cities suggested that cities with houses valued higher than the national average had the highest rate of homeless people. Meanwhile, cities with houses valued below the average value had 2.5 times fewer homeless people. The lack of affordable housing directly increases the demand for housing, giving landlords and corporations opportunities to raise rents and exploit low-income families.