Yesterday I was generously lent an Urban Economics text book by Prof. Malcolm Getz of the Economics department here at Vanderbilt. I found this interesting tidbit about how the availability of low-income rental housing is directly related to the rate of homelessness:
"a 10% increase in rent on low-quality housing increases the homeless rate by 12.5%." (O'Sullivan, 2003, pg 461)
Basically, as the cost of low-income housing goes up, the homelessness population increases at an even faster rate.
Framed another way, this suggests that if we could lower the cost of Nashville's low-income housing by 10% we could reduce homelessness by 12.5%.
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Hi, I found your post in a search for homeless housing in Nashville. I am just curious if you have any information on places that offer low-income housing and are willing to work with the currently homeless. I am with Park Center in Nashville and right now we are trying to locate housing opportunities for a group of 75+ homeless that will be displaced from their camp by the Metro Police in the next few weeks. Any information would be of the greatest help.
Thanks,
Lauren Russell
Park Center Nashville
lauren.russell85@gmail.com
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