Jun 10, 2019
The homeless population in greater Los Angeles increased by 12 percent to 58,936, according to a new report by the Los Angeles Homeless Services Authority in Los Angeles County. This authority concluded that the two main reasons for homelessness are housing and economic crises.
While the median household income decreased 3 percent between 2000 and 2017, a renter needed to earn $47.52 per hour to afford the median monthly asking price for rent. More than two million county residents pay more than 50 percent of their monthly income on housing.
So, one of the richest cities in this world, with many competent people around, cannot solve the homelessness problem due to low wages and high rents! This is because this capitalist system is the source that produces the homelessness. Without changing this system, the misery it creates will stay with us.