Re:Miami advances plan to move homeless onto island
by peyton on Saturday August 20, 2022 @08:41AM
(#32531618)
> If you really believe that, you should find some way to short San Francisco real estate investment.
I don’t think parent was making a comment about real estate prices. Obviously the market tolerates the issue.
Some parts of SF have gotten pretty bad. I volunteered at a couple places and honestly was surprised at how little effort is going into fixing things, so I’d expect the present situation to continue.
Re:Miami advances plan to move homeless onto island
by seanmcdirmid on Saturday August 20, 2022 @08:45AM
(#32531644)
If San Francisco is like Seattle, significant efforts are being made, they are just completely ineffective. When you try to treat a national problem locally, adding 1000 homes for 20k homeless people just means you’ll have people in those 1000 homes but now 21k homeless people next week.
> Failed cities like San Francisco are being completely overrun by drug addicts living in the streets, and the truth is, it is too late to do anything about it.
If you really believe that, you should find some way to short San Francisco real estate investment. You’ll get burned badly, since you don’t have very good information, but it will be a good lesson.
Homeless people have been moving into good weather west coast cities since the late 1800s, the scale going up and down over time, but the cities keep booming and busting along.