About 3.5 million US residents (about 1% of the population), including 1.35 million children, have been homeless for a significant period of time. Over 37,000 homeless individuals (including 16,000 children) stay in shelters in New York every night. This information was gathered by the Urban Institute, but actual numbers might be higher.
Fox Business estimates, there are 18.9 million vacant homes across the country.
3.5 million people without homes; 18.9 million homes without residents.
No magic bullet answer, but it shows how America is a bubble culture and can over-react to most things.
Banks will bulldoze before they let another option like affordable housing take root.
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