Ever-Richer New York Has More Homeless Than Ever
Photo: Getty Images/AFP
Take a second to process this bit of info. City shelters began their record-keeping in 1979. This means there are more homeless people today than just a few years after the financial crisis. ("Ford to City" was in 1975.) This means there are more homeless people now than during the crack-ridden, stock-screwed Dinkins era. This might even mean that when the average price of a Manhattan home hovers over $1 million, maybe some people have a harder time affording homes. Who knew?
State of the Homeless 2007 [Coalition for the Homeless]
NYC Job Growth Displayed Resiliency in 2006 [Crain's]

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