The United States experienced a 12% increase in homelessness between 2022 and 2023. But trends are unfolding differently across the nation. Cities like Austin, Texas and Raleigh, North Carolina saw their homelessness rates decline over 10 percentage points, while New York, Boston, and others saw sharp increases. Cities have the tools to reduce homelessness, but there must be the political will to invest in and scale them, Hanna Love and Tracy Hadden Loh say.
In a new report, they explain why place matters for understanding the problem and share short- and long-term strategies to reduce homelessness.
Looking at the larger picture of short- and long-term total and unsheltered homelessness trends, it’s clear that there are pockets of both progress and setbacks in U.S. cities.
More research and commentary
Pakistan’s turbulent national elections. Voters in the world’s fifthmost populous nation will go to the polls this week to elect representatives in Pakistan’s parliament, and from that, the next prime minister. Madiha Afzal joins The Current podcast to discuss the political climate heading into the election and what’s at stake.
What to know about private credit. Private credit is a small but rapidly growing slice of overall business financing, raising concerns among some banks about competition and among regulators about risks to financial stability. Sam Boocker and David Wessel describe the recent evolution of private credit and the issues that it raises.
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