A Boring Dystopia

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Record number of Americans are homeless amid nationwide surge in rent, report finds (www.cbsnews.com)

submitted 1 year ago by [email protected] to c/[email protected]

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cross-posted from: https://lemmy.world/post/11260607

A growing number of Americans are ending up homeless as soaring rents in recent years squeeze their budgets.

According to a Jan. 25 report from Harvard's Joint Center for Housing Studies, roughly 653,000 people reported experiencing homelessness in January of 2023, up roughly 12% from the same time a year prior and 48% from 2015. That marks the largest single-year increase in the country's unhoused population on record, Harvard researchers said.

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[–] [email protected] 4 points 1 year ago (2 children)

What you are describing is inflation going down. Things going back to pre-pandemic prices would be deflation. With the government targeting 2% inflation in an ideal situation, deflation is not going to happen.

[–] [email protected] 7 points 1 year ago

The proper way to say it to avoid confusion is that inflation slowed.

[–] [email protected] 4 points 1 year ago

Going down is a misleading term that makes it sound like it IS deflation, though.

"Slowing down" would be much more illustrative, or at least "decreasing"