Homelessness in the United States has surged under the Joe Biden administration, with many Americans facing hardship due to "Bidenomics."

Homelessness has soared to an all time high in the United States, according to a report by the Department of Housing and Urban Development (HUD), the federal government’s housing and development agency, Slay News writes.

The HUD report reveals that approximately 653,000 people are homeless in the US, a 12% increase compared to the previous year.

This spike occurred during Joe Biden’s presidency, highlighting the struggles many Americans have been facing under „Bidenomics.” The report points to inflation and the expiration of pandemic-era eviction moratoriums as the primary drivers of the homelessness surge. Ann Olivia, CEO of the National Alliance to End Homelessness, said the findings are no surprise to those on the front lines of the crisis. „People across the country are struggling to afford skyrocketing rents,” she emphasised.

The increase in homelessness was most significant among families with children, which saw a 15.5% rise. The second-largest group affected was unaccompanied minors, where there was a 15.3% increase.

„We simply don’t have enough housing that people can afford,” said Jeff Olivet, executive director of the US Interagency Council on Homelessness.

Former Arizona gubernatorial candidate Kari Lake directly blamed Biden’s policies for fueling the spread of homelessness. „In Joe Biden’s America, it’s nearly impossible to afford rent or own a home,” she wrote in a post on X.

An analysis by the Center on Budget and Policy Priorities, using data from the US Census Bureau, found that median inflation-adjusted rents rose by 18.8% between 2001 and 2022, while median household incomes increased by only 4.3% during the same period.