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- When housing costs are more affordable and housing opportunities are more readily available, there is a lower likelihood of households becoming homeless1. Conversely, when affordable housing is scarce, low-income households are at high risk of homelessness when unexpected expenses arise2. A recent study commissioned by Zillow confirms a link between escalating housing prices and homelessness3. The most significant cause of homelessness is not substance use, mental health crisis, or a general moral failing, but the simple result of insufficient resources being invested into building affordable housing options for everyone who needs them4.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.When housing costs are more affordable and housing opportunities are more readily available, there is a lower likelihood of households becoming homeless, and households who do become homeless can exit homelessness more quickly and with greater likelihood of sustaining that housing long-term.www.usich.gov/sites/default/files/document/Housin…Today, only 37 affordable homes are available for every 100 extremely low-income renters. As a result, 70% of the lowest-wage households spend more than half their income on rent, placing them at high risk of homelessness when unexpected expenses (such as car repairs and medical bills) arise.www.usich.gov/guidance-reports-data/data-trendsA recent study, Priced Out: Rising Rent and Homelessness Across America, affirms the suspicions. The study, commissioned by real estate company Zillow and conducted by a team that included Alliance Research Council Co-Chair Dennis Culhane, confirms a link between escalating housing prices and homelessness.endhomelessness.org/blog/new-research-quantifie…Despite pervasive notions to the contrary, the most significant cause of homelessness is not substance use, mental health crisis, or a general moral failing. It’s the simple result of insufficient resources being invested into building affordable housing options for everyone who needs them. Often the simplest explanation is the most correct.invisiblepeople.tv/lack-of-affordable-housing-is-the …
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