Managed to avoid recession yet the cities are full of tents and other homeless encapments... things we were seeing only in US in the past are in every major EU capital now. The homelessness is out of control.
The real question is whether there was a statistically significant difference compared to previous years ceteris paribus (same location, same time of year, etc.).
Also the influx of various refugees over the years should be taken into account.
Anecdotal evidence that there is homelessness does not automatically mean doom and gloom for a country.
I visited Frankfurt just 1 month ago and was shocked to see the situation being even worse.
I believe a lot of it is a post-effect of covid where some people fell through the craks and now are just lost to drugs or other addictions.