this post was submitted on 15 Jul 2024
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Housing Bubble 2: Return of the Ugly
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What does "percentage change in homelessness per 10,000 residents" mean? I read it to mean that if it says say 85, that is a percentage per 10,000, so I multiply 85 with the number of non-homeless population of the city (residents) and divide by 10,000. The resulting number is the percentage change in homelessness. I'm very confused.
Percentage Change in (Homelessness per 10,000 Residents)
100 -
{[2022 Homeless Population/(2022 Total Population/10,000)
/
1997 Homeless Population /(1997 Total Population/10,000)] *100}
...mathematically, it's identical to the percentage change in homelessness, but published figures are usually homeless per ten thousand residents just to give a more useable number...
Ah, that makes sense. Thank you