The Traderszone Network

Published in TZ Latest News 3 November, 2016 by The TZ Newswire Staff

NYC Homelessness Surges To The "Highest Levels Since The Great Depression"

With each passing week the level of homelessness in New York City continues to surge to new record highs.  In fact, the number of homeless people checking into NYC shelters each night is up 85% just since 2010 and currently stands at the highest level since the Great Depression of the 1930s.  Ironically, the increase in homelessness experienced during the “great recession” of 08/09 was just a blip on the radar compared to the past five years as residential rental rates in NYC have soared.

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