New York's Homelessness Worst Since The Great Depression
State and local governments nationwide have struggled to accommodate a homeless population that has changed in recent years - now including large numbers of families with young children. As the WSJ reports, more than 21,000 children - an unprecedented 1% of the city's youth - slept each night in a city shelter in January, an increase of 22% in the past year; as homeless families now spend more than a year in a shelter, on average, for the first time since 1987. New York City has seen one of the steepest increases in homeless families in the past decade, advocates said, growing 73% since 2002, and "is facing a homeless crisis worse than any time since the Great Depression."
Homeless advocates said the Obama administration has focused on more visible problems, such as those sleeping on the streets, taking resources away from families. The steep rise has reignited questions about whether New York's economic turnaround of the past two decades has helped the city's poorest residents as they note (despite today's Dow record highs), "the economy is nowhere near where it was."
The blame apparently lies at the cessation of 'entitlements' as the DHS adds, since the end - in Spring 2011 - of a state-funded program that subsidized rent for people leaving shelters; homeless families have gone up 35%; but they also added that the city was working to find employment for the homeless, "a long-term solution." Boston and Washington DC are also seeing homeless numbers surge.
Via WSJ,
An average of more than 50,000 people slept each night in New York City's homeless shelters for the first time in January, a record that underscores an unsettling national trend: a rising number of families without permanent housing.
Families have become a larger share of the nation's homeless population, growing 1.4% from 2011 to 2012, after their numbers fell as the economy emerged from recession.
...
More than 21,000 children—an unprecedented 1% of the city's youth—slept each night in a city shelter in January, an increase of 22% in the past year, the report said, while homeless families now spend more than a year in a shelter, on average, for the first time since 1987. In January, an average of 11,984 homeless families slept in shelters each night, a rise of 18% from a year earlier.
"New York is facing a homeless crisis worse than any time since the Great Depression," said Mary Brosnahan, president of the Coalition for the Homeless.
...
New York City has seen one of the steepest increases in homeless families in the past decade, advocates said, growing 73% since 2002.
...
The steep rise has reignited questions about whether New York's economic turnaround of the past two decades has helped the city's poorest residents.
...
"The economy is nowhere near where it was," said Seth Diamond, commissioner of the city's Department of Homeless Services. He pointed to the end of a state-funded program that subsidized rent for people leaving shelters, which ended in spring 2011; homeless families have gone up 35% since, according to shelter records.
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From Hoovervilles to Obamavilles/Bloombergvilles.
That Federal Reserve "Bank" has really minimized economic volatility and the boom-bust cycle.
Just get Mayor Bloomberg to ban homelessness and the problem will be solved.
By banning large drink cups Bloomie halved these people's income.
Awwww man. yeah, I know, I'm already going to hell for laughing at that!
Build some shelter using the Zimbabwe (or soon US) dollars.
The crime wave that hits New York over the coming years is going to make all those "up and coming" neighborhoods look not so "up and coming".
I like to remind all those people who think "real estate always goes up", that much of Brooklyn real estate peaked in the 1920's and collapsed until the mid 1990's.
Think it can't happen again? Here comes crime, bitches. First there are a few murders. Then a few more. Then a few families with kids move away, leaving older people to stick it out. Then a couple homes divide into multi-unit dwellings. Then SRO's. And then it's over for another 3 generations.
'Just like last time.
Won't "somebody" need to mix in a little heroin?
Ya see, we don't need no rich man, and we don't need no poor man. But the cons want to grow the economy to save the rich.
After the banks fail New Detroit City will be fucked
alaric,
i instantly thought bloomberg downed you. but after considering he would have to get a step stool to put phone books on the chair, than climb the chair and get on top of books just to see the keyboard........
"Unintended consequences"
Stossel Panhandles
They have homes in NYC ??? I thought everybody had an 8x8 brick box and 600 ft of fire escape
green shoots 3.0
Yup. A green shoots do over
homeless ate all
the green shoots
you mean biochemical war?
"Homelessness on the rise..." makes sense. After all, they call it the "jobless recovery."
Time for FEMA "hope & change" camps?
To be soon followed by the propaganda videos of cherub faced little girls at their Daddy'd side thanking the Government for taking them to the camp where it is warm and has lots of food. Americans will be filled with warm feelings and a sense of doing the 'right' thing. It will almost look like a Norman Rockwell Christmas card........................
Exactly. The sheeple won't fear the camps. They will busting through the gates to get in.
The homeless should really consider pulling their money out of treasuries and investing in the stock market...thats where the smart money is
This is clearly bullish for housing and rental properties in NY. DOW should double to 28000 tomorrow.
The Greater Depression?
The lesser spotted Depression!
You mean the "best" no? The curve goes up as it goes right, and that's what you want.
all this good news. why is dow only 14000
Need to print $170 billion a month.
i spend that much on cigars
and boat ballast ...
Were the allowed to have salt or big gulps in the shelters?
No salt and most definitely not bagels or soup. Must strictly control their diets. Control. Control...must control...
One of my tech buddies told me the plan is to use the homeless for their energy. He said in a few years I can plug my cell phone into a homeless guy while I grab a coffee and comment on here. I used to think he was kidding.
Bloody hell.....Is there any escaping the matrix?
You can render them harmless by removing their arms and jaws.
Pedal those bike generators you useless eaters!
Given the level of taxation in New York City, I am surprised it is not even higher. I also find it difficult to believe that in a liberal bastion like NYC there are not plenty of freebies for anyone who does not choose to be homeless by choice.
Hey June, what say you and me, we's just go live on the fucking filthy streets of NYC and free range a bit, kind of like animals. Oh Bill! Really! I thought you'd never ask; I'm just sick to death of the comfort and safety of having a roof over our heads........
You must not know of all the NYC programs for emergency assistance, subsidized housing, food stamps, general assistance, welfare, etc, etc, etc - many of which are duplicated and provide little more than salaries for the administrators of all the different overlapping programs. You have to work really hard to NOT collect these.
Yet, here they are, with 50K+ homeless, even with administrators practically begging them to join the free shit army. The thing is, generally the best path to getting maximum liquor/drugs while still having a place to sleep at night (if you feel like it) is to get the homeless freebies staying in a shelter (which is technically considered homeless, even if you go to the same shelter every night for years), and barter/beg for cash for said booze/drugs. That's the actual fucking problem, and it's no surprise that New York City, which is about as high stress/unnatural a lifestyle as you can get (I would lump most major cities in here, but NYC seems to be a special level of mindfucking personal insecurity), is continuing to binge on recreational drugs.
This almost reminds me of Zimbabwe's record setting stock market, yet they had nearly 95% unemployment.
https://zimdev.wordpress.com/2011/03/18/95-unemployment-yet-we-still-edu...
https://mises.org/daily/2532
Yep, the zombies don't understand that the stock market is NOMINAL BULLSHIT, not reflecting the TRUE STATE OF THE ECONOMY.
to me the stock market is more an indicator of the real rate of inflation
What the fuck... Don't all those fucking NYC homeless know we just fucking broke a fucking Dow record. Can't they fucking feel the hot dick up their ass fucking "wealth effect"? Just give them all fucking "Dow Record" ball caps to wear with the cock eating fucking pricks on wall street to make them fucking feel better.
fuck you bernanke, you fucking complete fucking asshole. fucking die painfully you prick.
Maria Bartiroma wants some of the "wealth effect" up her ass after schlepping with that weasle Kiernan all day at CNBS
It's all gonna trickle down Bloomberg's dickle and the homeless will get rich.
Trickle ma nizzle
Way to go Bernanke!
Sorry...if you can afford tatoos, you don't need my help.
Tattoos are free in jail
no they are not free they are bartered
What a douche! A person gets a tattoo that lasts a lifetime and then sometime after hits a rough patch of unemoyment that leads to homelessness. Stop being so fucking heartless. Homelessness is horrible and scary. I hope it never happens to you!