When assessing the situation of homelessness in the US, it can be apparently identified that economic conditions in the US have minimal effects on homeless people. For instance, only a one percent decrease in homelessness was recorded in the US due to its economic downfall. From an in-depth perspective, it can further be observed that this low fall in the number of homelessness is due to the investment made by the federal government towards policies as well as strategies for mitigating the issue. Despite these decrease in the level of homelessness, there are certainly other factors with relation to the economic as well as demographic issues witnessed in the US, which apparently contributes to the future increases in the number of people becoming homeless in the nation (National Alliance to End Homelessness, 2013).
As per the statistical data obtained, in the year 2011, around 636,017 people were accounted to be homeless in various states of the US. Moreover, it was observed that among the 10,000 people of the general population, 21 people were accounted to be homeless, accumulated with 31 veterans.
The rate of homeless families has also been recognized to rise by 20 percent in over 11 states of the US. The rate of homelessness has been observed to escalate in 24 US states including Columbia apart from the mentioned 11 states (National Alliance to End Homelessness, 2013). Contextually, there are different factors which are accounted to be responsible for the growth of homelessness in the US. In this regard, economic factors have been examined to be the major causes responsible for increased homelessness in the US. Moreover, income inequality, as well as housing accommodation, has also been determined as affecting the growth of homeless people in the nation.
For instance, over 50 percent of the income earned by US residents are recorded to be spent on their accommodation. Apparently, in the aftermath of the financial crisis, the burden of this accommodation cost has been raised to 6.2 million by the year 2010 which has left many people with insufficient earning to afford a suitable residence.
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