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Stated without evidence. San Francisco's homelessness problem long predates the current boom, and its causes go far beyond wage rates. Housing there is unaffo
by blacksqr 8y ago
Stated without evidence.
San Francisco's homelessness problem long predates the current boom, and its causes go far beyond wage rates.
Housing there is unaffordable even at the current minimum wage, so it's hard to see how the latest increase could have had a meaningful effect on homelessness levels.
- laveur 8y agoThis is precisely the problem. There is too many people, not enough housing, and the housing that is here is too expensive. And from what I've heard its also very hard to get the permits and approvals to build knew housing here. What they really need is to flood the market with housing to help drive costs down.