Re:California Spent $17B on Homelessness. It’s Not Working
by trailbits on Friday June 02, 2023 @06:19PM
(#36171548)
When wages go up, rents go up. For rents to go down you either have to have more housing or less people in a given area.
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Re:California Spent $17B on Homelessness. It’s Not Working
by nrclark on Friday June 02, 2023 @06:42PM
(#36171785)
Or rent control.
Re:California Spent $17B on Homelessness. It’s Not Working
by icelancer on Friday June 02, 2023 @06:49PM
(#36171841)
Rent control externalities are well-documented; long-term serious problems occur due to them, not the least of which is lower affordability.
Short review of the research can be found here:
https://www.brookings.edu/research/what-does-economic-eviden...