New Research Demonstrates the Connection between Homelessness and Housing Affordability

From the National Alliance to End Homelessness (http://www.endhomelessness.org):

Communities where people spend more than 32 percent of their income on rent can expect a more rapid increase in homelessness, according to new Zillow-sponsored research on the size and root causes of the nation’s homelessness challenge.

This research demonstrates that the homeless population climbs faster when rent affordability – the share of income people spend on rent – crosses certain thresholds. In many areas beyond those thresholds, even modest rent increases can push thousands more Americans into homelessness.

Read more at https://www.zillow.com/research/homelessness-rent-affordability-22247/.