AI summary:

Rising rent prices in the US have led to homelessness, poverty, and increased crime rates. The issue is complex, with housing costs tying into other aspects of people’s lives. The situation has worsened over time, leaving even high earners struggling to afford basic necessities. Despite certain economic indicators improving, costs like rent and healthcare remain high, impacting people’s quality of life. The problem is exacerbated by income inequality, and while some cities offer better affordability, the overall issue persists nationwide.