If you are curious about this, I recommend There’s No Place for Us: Working and Homeless in America. It covers how some folks, with no credit, are forced to live in extended stay hotels (where they take cash up front and don’t run credit) which can cost multiple times what rent can cost.

If you put the author, Brian Goldstone, into YouTube, you can find some recent news coverage of some of the folks from the book and iirc one of them is Ubering in a lemon, working 60-80 hours a week just to break even.

In America, unfortunately, we’ve perfected the debt trap and turned poverty into a profit center. The same equity companies own rental properties, extended stay hotels, and storage locations so they can vertically integrate homelessness.