No Vacancy: The housing squeeze gets worse

The housing squeeze gets worse

"The homeless are performing a great service ((to the nation)) by making clear how bad the housing situation is." So says James Rouse, a commercial developer and chairman of a 26-member National Housing Task Force that reported to Congress last week. His point: "Behind the homeless on the street are millions of Americans who are right on the edge, and could be on the street tomorrow if they lost their jobs or had a medical emergency."

Paychecks have fallen so far behind spiraling rents that half the 13 million American families living in poverty are devoting a crushing 50% or more...

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