Re:Goodbye, New York, California and Illinois – Hello where?
by triceratops on Friday January 17, 2020 @05:23PM
(#22080136)
If housing prices nosedive, so does rent. Not everyone in a tent encampment needs to be a buyer.
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Re:Goodbye, New York, California and Illinois – Hello where?
by option on Friday January 17, 2020 @05:32PM
(#22080245)
I’d say my point still applies, perhaps with a smaller degree. If rents drop 3x (an economic disaster pretty much) are tent encampment inhabitants rushing to rent, coming up with deposits and getting pre-approved?
Re:Goodbye, New York, California and Illinois – Hello where?
by 34679 on Friday January 17, 2020 @07:16PM
(#22081116)
You keep using that word "rushing" but there's no solution that I'm aware of that would cause hordes of homeless to rush towards housing.
What we can do is judge whether a policy helps or hurts. Higher housing costs causes more homelessness. Period.
Re:Goodbye, New York, California and Illinois – Hello where?
by triceratops on Friday January 17, 2020 @08:15PM
(#22081441)
> If rents drop 3x (an economic disaster pretty much) are tent encampment inhabitants rushing to rent, coming up with deposits and getting pre-approved?
If we're dealing in hypotheticals, why do you seem to be asserting that they would not do so? If they can hold down some sort of job, and they can afford the lower rent why wouldn't they go for a real roof over their head?
Or are you saying that campers simply don't want that? I have no idea what you're on about with these questions...