Why Homelessness is Up in Southern Nevada
Nevada Current reporter and contributor Michael Lyle explains how rising rents and an increase in homelessness are connected.
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Show Notes
Contributor Michael Lyle, a reporter at the Nevada Current, joins us today to talk about the results of the Valley’s latest homeless census — we’re seeing the largest uptick in homelessness since 2019. That’s not surprising, Michael explains, since we’re also in the midst of soaring rents (which, despite some reports of cooling, is still nearly 25% more expensive than it was in 2019). In fact, Michael points to research showing that a $100 increase in median rent is associated with a 9% increase in homelessness. So what’s a Valley to do about it, and is relief on the way any time soon?
Read Michael Lyle's full report on nevadacurrent.com.
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