Homelessness increasing in Vegas as rent skyrockets

Research estimates more than 7,000 people are homeless in Las Vegas, Nevada, higher than the official count the government provides. The study was in collaboration with researchers at the University of New Hampshire, Boston University and the University of Pennsylvania.

Most experts say rent should never be more than 30 percent of your monthly income. It’s known as the rent burden. Studies find homelessness goes up when the rent burden is over 32 percent of monthly income. The rent burden in Las Vegas is 34 percent.

The key to addressing homelessness is housing, which is in ample supply, but people cannot obtain it with money so people will have to go about it in another way.

 

 

Photo: “Insult to Economic Injury” by Johnny Silvercloud is licensed under CC BY-SA 2.0

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