Growing number of Americans with jobs are homeless thanks to ‘fast-rising rents,’ inflation: Report [Video]

A growing number of Americans with jobs are still without homes due to rising rents and high inflation.

The Washington Post found local shelters and volunteer groups are showing an increasing number of people coming in who work steady jobs. One Tulsa organization reported the top reason cited by many people for being homeless is a lack of affordable housing. 

“Years of fast-rising rents and a shortage of affordable housing have created a situation where even a strong labor market and rising wages haven’t been enough to offset the financial strains of inflation,” the article read.

According to the U.S. Department of Housing and Urban Development (HUD), an estimated 653,104 people experienced homelessness on a single night in 2023, a 12% jump from 2022, making it the highest number of homeless people since the country began using the yearly point-in-time survey in 2007.

SPENDING ON HOMELESSNESS SPIKES TO A ‘SHOCKING’ AMOUNT IN PORTLAND METRO AREA

People who spoke to the Post shared stories of living in cars, hotels …