I have good news and bad news. The good news is that homelessness has been steadily declining in America since 2007. The bad news is that the number of people most likely to become homelessness has been steadily rising—and it doesn’t show signs of stopping any time soon.
There are a lot of reasons for the increase in the number of vulnerable people. Some of these include low minimum wages and a lack of affordable housing in major cities and for low-income renters. Unfortunately, a new report from Harvard’s Joint Center for Housing Studies and Enterprise Community partners shows that this trend is unlikely to reverse in the next decade.