Rent growth 2019-2024 vs. change in homelessness, large CoCs
Question: Did CoCs whose rents rose faster from 2019 to 2024 see larger increases in homelessness?
Result: Rent growth 2019-24 vs % change in total homelessness rate: r = -0.043 (95% CI -0.282 to 0.201); Rent growth 2019-24 vs % change in unsheltered rate: r = -0.007 (95% CI -0.249 to 0.235); Rent growth 2019-24 vs change in total rate per 10,000: r = -0.135 (95% CI -0.366 to 0.11)
Operation: Pearson correlation across CoCs, King County excluded
Scope: 66 large CoCs other than King County
| Estimate | Value | Uncertainty | Method | n |
|---|---|---|---|---|
| Rent growth 2019-24 vs % change in total homelessness rate | -0.043 Pearson correlation coefficient (95% CI -0.282 to 0.201) | 95% confidence interval | Pearson r across large CoCs excluding King County; 95% CI by Fisher z-transform | 66 |
| Rent growth 2019-24 vs % change in unsheltered rate | -0.007 Pearson correlation coefficient (95% CI -0.249 to 0.235) | 95% confidence interval | Pearson r across large CoCs excluding King County; 95% CI by Fisher z-transform | 66 |
| Rent growth 2019-24 vs change in total rate per 10,000 | -0.135 Pearson correlation coefficient (95% CI -0.366 to 0.11) | 95% confidence interval | Pearson r across large CoCs excluding King County; 95% CI by Fisher z-transform | 66 |
- ACS median gross rent includes long-tenure leases and lags asking rents.
- Tests only whether changes in rent explain changes in homelessness; rent level remains the strongest cross-sectional correlate.
- Several CoCs changed count methods between 2019 and their end year.