New York expands use of hotels amid surge in homeless population
About 12% of the city's homeless people is housed in hotel rooms, compared with just 4% in January, a practice that critics say poorly serves the needs of families
New York
FACING a continued surge in the homeless population, New York City officials are aggressively expanding the costly and highly criticised practice of using hotels to plug gaps in the city's strained shelter system.
The increase has been stark: About 12 per cent of the total homeless population is now being housed in hotel rooms, compared with just 4 per cent in January.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
HDB resale volumes recover in April as fewer BTO launches drive demand to secondary market
More homes planned in Media Circle to support housing demand
Country Garden deadlines pose first big test of bond guarantees
Global housing shortages are crushing immigration-fuelled growth
Australia’s housing rent hits record high in headache for RBA
GuocoLand taps X factor to help tenants pull workers to offices amid hybrid work