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The rationale for having a for-profit organization that helps people is that it is not economically sustainable, it wouldn't depend on continuous outside findin
by ant6n 11y ago
The rationale for having a for-profit organization that helps people is that it is not economically sustainable, it wouldn't depend on continuous outside finding.
Re cars, consider that the homeless person mentioned in the article had his rent increases to 4200$ - it seems in San Francisco lower middle class can become homeless. And even lower class people have cars. In San Francisco, you don't have to be on poverty to become homeless, although it will probably make you poor once you are.
- cooper12 11y agoFair points, especially the car part. It just feels exploitative to me though, making money off people who are already desperate for any they can get. Looking more closely at the article, it looks like they wanted to profit off things like referral fees or something like: "pay $300 a month in rent or work 15 hours a week on crowdfunded community service project". This does seem pretty ethical, though I don't know profitable.
- ryandamm 11y agoI think it's funny we're saying someone who can't afford $50k/year in rent is 'lower middle class.' If you keep your housing costs below 25% of gross income (a common recommendation), then anyone earning less than $200k annually is lower middle class. To be fair, the article says Darcel Jackson had also lost his job due to a medical condition; so it's not just the rent increase... but a professional welder (his profession before a stroke) should pay high five figures to low six figures. So yeah... a city where welders, teachers [1], and other professionals and tradeworkers can't afford to live is doing something wrong. [1]from Redfin research: https://www.redfin.com/blog/2014/02/california-home-affordability-for-teachers.html https://www.redfin.com/blog/2014/02/california-home-affordab...