Study explores link between homelessness and rent hikes
Add BT as a preferred sourceNew York
WHEN the rent rises 5 per cent in Atlanta, another 83 people become homeless. In New York, about 3,000 do.
In a new study , Zillow compared its own estimates for median rent increases in major US cities with homelessness data published by the US Department of Housing and Urban Development (HUD) in an effort to describe the relationship between rising rents and homelessness. Its conclusion: much depends on where you live.
