Some beleive that Affordable Housing would fix the homelessness crisis. But homelessness itslef is its own problem. Affordable Housing is rapidly diminishing with rent increases outstripping income growth in most major metro areas. A third of all urban dwellers worldwide (1.2 billion people) lack access to safe and secure housing. Some cities are growing so quickly that governments cannot build out services and infrastructure fast enough to accommodate new arrivals. The result is millions living in inadequate conditions and fraying trust in governments. "If current trends continue, by 2025 as many as 1.6 billion people around the world will lack access to affordable, adequate and secure housing."
The graph illustrates the total number of housing units in the United States from 1975 to 2017. In 2017, there were approximately 136.57million housing units in the United States. The statistic illustrates the homeowner vacancy rates in the United States from 1990 to 2017. The homeowner vacancy rate shows what share of owner-occupied housing units are vacant and for sale. The homeowner vacancy rate in the United States decreased from 2.8 percent in 2008 to 1.6 percent in 2017.
