LA pays $2600 per homeless tent, per month

Re:LA pays $2600 per homeless tent, per month by drewmate on Wednesday May 26, 2021 @11:45PM (#27299172)

I think you're mostly right, but it's not as straightforward as 1 dwelling per household and everyone just moves up a rung. Market housing could get bought up by people who are currently living with roommates (but would like their own home) or one of the 52% of young adults currently living with their parents.[0] Those spots are then unlikely to become available for the homeless.

This is just another symptom of the major lack of housing in the US, and needs to be solved as well, but it highlights how difficult it is to alleviate homelessness when there are other casualties of the housing market as well. By all means, build as much housing as soon as possible, but some of it will probably need to be specifically targeted at homeless or poorer populations.

[0] https://www.pewresearch.org/fact-tank/2020/09/04/a-majority-...

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Re:LA pays $2600 per homeless tent, per month by BobbyJo on Thursday May 27, 2021 @12:25AM (#27299385)

Why are those people living with roommates? Because they can't afford not to. If they suddenly move out and fill up a space they otherwise couldn't afford, that requires that prices have gone down.

price = F(supply, demand) therefore demand = G(price, supply) and supply = H(price, demand)

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