The Damage Report
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REPORT: Rising Rent Crisis Creates Monumental Homeless Spike
Posted
July 9, 2022
Views
7,927
Likes
551
Comments
114
Engagement
8.39%
July 9, 2022
7,927
551
114
8.39%
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7:13Now PlayingSince inflation rates in the U.S. have risen rents have also gotten higher across the nation leading to a spike in unhoused people even while maintaining a steady job. John Iadarola and Brett Erlich break it down on The Damage Report.
Read more here:
Inflation is making homelessness worse
"The sheriffs arrived at 6 a.m. in early June to tell Josanne English what she already knew: She was being evicted.
She’d lost her job as a project manager near Sacramento in April, then fell behind on rent as $6-a-gallon gas and higher costs for food and utilities depleted her monthly budget. By the time she lost her home two months later, she owed $9,160 in rent and late fees, and her bank account was nearing zero.
She received $1,300 in housing assistance from the county, but that didn’t go very far in an area where the average asking rent has ballooned to nearly $2,800 a month. After a week in a hotel, English and her partner sent their three children to live with relatives while they slept in their Hyundai SUV and showered at the gym."
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