“It’s Hard To Be Optimistic” – Homeless Population Jumps In L.A. County To Nearly 59,000

Thursday, June 6, 2019
By Paul Martin

by Tyler Durden
ZeroHedge.com
Thu, 06/06/2019

A dramatic rise in homelessness has been reported in Los Angeles County — up 12% in 2018 to over 59,000 — is certainly an odd trend developing given “the greatest economy ever” and booming West Coast economies.

The epicenter of the homeless problem is in the city of Los Angeles, which saw a 16% jump to 36,300, the Los Angeles Homeless Services Authority (LHSA) said.

The LHSA said it assisted 21,631 people in getting off the street into permanent housing last year, a rate that would end the homeless crisis in a matter of years but economic deterioration has simultaneously pushed new families out of their homes.

People who couldn’t find permanent housing ended up in homeless encampments across the city.

“People are being housed out of homelessness and falling into homelessness on a continuous basis,” said Peter Lynn, the authority’s executive director.

Nearly 25% of those counted became homeless for the first time last year, and more than 50% of them mentioned financial stress was the culprit behind their homelessness, LHSA said.

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