The United States has experienced a 12% increase in homelessness, to its highest reported level. Federal officials Friday said soaring rents and a winding down of coronavirus pandemic assistance combined to put housing out of reach for more Americans.
I would be on the same page as you except Biden tried to take a victory lap on the economy. We're in the backlash of that right now. You can tell because they're scrambling to look like they're lowering prices on anything they can.
Homelessness is a very complex issue encompassing things like mental health and climate change. The president has no direct control over rent prices, they may be able to influence them to a degree, but that’s all. This is an integral part of late-stage capitalism. People in need are being left behind because America is filled with greed. One of the many things to help alleviate this would be the construction of subsidized dense housing in areas with high levels of amenities.