Rising Homeless population in the United States

Homelessness
Name
Institutional Affiliate
Homelessness
Research Question: Why is the homeless population on the rise in the United States amidst improved economic conditions?
Thesis Statement: Good economic conditions in the United States feature equally diverse socio-economic and political developments that function to increase the rate of homelessness in the country and thus limiting the efficacy of the set interventional measures to address the same.
Annotation 1: Article from a Professional Organization
Reference: Ohanian, L. (2019, June 18). The Economics Of Why Homelessness Worsens As Governments Spend Even More On The Problem. Retrieved 2nd October 2020 from Hoover Institution: /research/economics-why-homelessness-worsens-governments-spend-even-more-problem
Annotation
This is an article published by a professional organization and authored by Lee Ohanian who raises concern over the increasing rate of homelessness in the United States despite the millions of dollars spent to address the problem. The author calls to attention the rapid rise of homelessness across different locations in the country with California appearing to be the hardest-hit state in the nation. The author paints a picture of the issue of homelessness in the United States by highlighting the severity of the same in the state of California. He recognizes the efforts made by both the state and local members of the political dimension in mobilizing funds for addressing the issue of homelessness in the city that seem to accomplish so little as the number of homeless individuals keeps on rising. The rapid rise in the rate of homelessness in California and other parties of the country, posits the author, should not come as a surprise to the leadership across the different levels of administration. Ohanian suggests that stakeholders tend to overlook the impact of economic growth on the housing sector including elements such as the supply and demand of housing in a given area. The author further believes that there are two main factors influencing the rapid rise of homelessness in California and the country as a whole. One of the underlying factors leading to the increase in the homeless population and limiting the efficacy of the set interventional measures against the same is the limited supply of housing across different locations in California and around the nation as a whole. The lack of effective regulatory policies to monitor and control urban migration and enhancing the people’s ability to finance their housing demands makes for another factor that leads to an increase in the homeless population.
The author makes use of statistical evidence to showcase the scope of the problem while also highlighting the significant expenditures made towards addressing the issue. According to the article, the San Francisco Bay Area recorded a 43% increase in homelessness in 2016, and LA County had approximately 60, 000 homeless individuals in 2017. The author points out that the budgetary allocation for reducing or curbing the issue of homelessness in the LA County of over $1.2 billion is not enough to cater for the over 60,000 homeless individuals within the county’s jurisdiction. A breakdown of the funds indicates that each homeless in...