Homelessness hits highest reported level in US as rents have soared | CNN Business

Washington, DC CNN  — 

As housing in the US has become increasingly unaffordable over the past few years, the number of people experiencing homelessness surged to its highest level on record this year, according to an annual survey taken in January.

The number of unhoused people in the United States jumped by 12% early this year from the year before, an increase of about 70,650 people, according to an annual report from the Department of Housing and Urban Development released on Friday.

Known as a “point-in-time” estimate, the annual snapshot looks at the number of individuals nationwide who

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