as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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how might poverty lead to homelessness?
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poverty is one of the primary causes of homelessness, as the costs associated with finding and maintaining a home can often be insurmountable for those living in poverty. homelessness can be caused by a lack of access to safe and affordable housing, as well as an inability to provide for basic needs such as housing, food, and healthcare. additionally, high rent/mortgage costs, high unemployment rates, and low wages also contribute to homelessness. without access to basic resources and enough income, people can become homeless and find themselves caught in a cycle of poverty and homelessness.
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