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The White House Council of Economic Advisors recently issued a report titled “The State of Homelessness in America.” It argues that overregulation of the housing market and failed policies have led to increases in the number of persons experiencing homelessness in certain parts of the country. The report describes how the number of unsheltered homeless is largely concentrated in California, New York City, Boston, and Washington, D.C., and cites “more tolerable conditions for sleeping on the streets” as a reason for this.