Homelessness has increased sharply in Germany: analysis and effects on low-income households”
According to a report from www.faz.net, the number of homeless people in Germany increased significantly in 2022. The projection by the Federal Working Group for Homeless Assistance (BAG W) shows that 447,000 people were homeless as of the reporting date in June 2022, compared to 268,000 homeless people in 2021. The reasons for this alarming development are diverse. One of the reasons is the increase in refugees, especially from Ukraine, who have no place to stay. The number of German homeless people increased by 5 percent, while non-German homeless people increased by 118 percent. Likewise, most German homeless people lose their accommodation due to termination (57 percent). The …

Homelessness has increased sharply in Germany: analysis and effects on low-income households”
According to a report by www.faz.net, the number of homeless people in Germany rose significantly in 2022. The projection by the Federal Working Group for Homeless Assistance (BAG W) shows that 447,000 people were homeless as of the reference date in June 2022, compared to 268,000 homeless people in 2021.
The reasons for this alarming development are diverse. One of the reasons is the increase in refugees, especially from Ukraine, who have no place to stay. The number of German homeless people increased by 5 percent, while non-German homeless people increased by 118 percent. Likewise, most German homeless people lose their accommodation due to termination (57 percent).
The managing director of BAG W, Werena Rosenke, warned of the enormous burdens on low-income households caused by inflation, increased costs and rising rents. Groups particularly at risk are low-income one-person households, single parents and couples with many children.
In its calculations, the BAG W not only includes homeless people who are housed institutionally, such as in emergency accommodation, but also those who are temporarily staying with friends and relatives, and those who live on the streets without any accommodation at all - i.e. homeless.
This development has far-reaching effects on the housing market and the financial sector. The increasing number of homeless people can lead to an overload of social facilities, which in turn would mean higher public spending. In addition, increased rent arrears and conflicts in the living environment could lead to losses for landlords and investors.
It is therefore crucial that governments and relevant organizations take measures to curb this development and help the people affected. Long-term solutions to create affordable housing and support programs for low-income households are necessary to curb the increasing homelessness in Germany.
Read the source article at www.faz.net