In this piece, we will take a look at five cities with the highest homelessness problem. For more cities, head on over to 30 Cities With the Highest Homelessness Problem.
5. New York, United States
Estimated Number of Homeless People: 68,884
New York City is America’s most populous city. It has a population of 8.8 million. This also makes New York the most densely populated city in America. Its port status has also led to a diverse migrant population in the city, and New York is one of the richest cities in the world with countless millionaires and centi-millionaires living in its borders. New York is also the world’s financial hub, houses the biggest stock markets on the planet, and is the main place of business for some of the biggest banks and financial firms that you are likely to come across.
4. Kanpur, India
Estimated Number of Homeless People: 80,877
Kanpur is a culturally significant city in India since it is located on the banks of the River Ganges which has a central role in the Hindu religion. The city is part of the state of Uttar Pradesh, and during the British rule it played an important role in housing the British military. In terms of population, Kanpur is the tenth largest city in India. Its status as a military station in British India also made Kanpur (then called Cawnpore) the center of the First Indian War of Independence in 1857 which saw painful atrocities from both sides.
3. Moscow, Russia
Estimated Number of Homeless People: 100,000
Moscow is the capital city of Russia. It is also the largest city in Russia in terms of population with more than ten million people living in its boundaries. Moscow is also one of the oldest cities in the world since it has traces of human presence since the Stone Age. The city also has one of the largest economies in both Russia and Europe. This also makes it an economic hub in Russia and has a high number of millionaires. However, the Russian invasion of Ukraine has also led to an outflux of the wealthy from the city.
2. Buenos Aires, Argentina
Estimated Number of Homeless People: 198,000
Buenos Aires is the capital city of Argentina. Buenos Aires was first set up in the sixteenth century becoming one of the first areas discovered by explorers of the American continent. The city is also Argentina’s largest economy and a business hub in the country.
1. Manila, Philippines
Estimated Number of Homeless People: 3,000,000
Manila is the capital city of the Philippines and the most densely populated region in the world. It is the second most populous city in the country and believe it or not, a stunning three million homeless people live in Manila. These statistics come directly from the country’s government.
You can also take a peek at 5 Penny Stocks That Will Make You a Millionaire and 5 Best Get Rich Quick Stocks to Buy.
Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email address below.