4 ms·
> But that relatively small number is still enough to dominate the economy of a major metropolitan area... So the rise in visible homelessness is perhaps the ex
by trimbo 8y ago
> But that relatively small number is still enough to dominate the economy of a major metropolitan area... So the rise in visible homelessness is perhaps the expected result
I'd imagine the expected result is that prices increase to support higher wages for service workers... which they actually have. Just one example: a take-out salad for lunch now costs $15 in San Francisco. The place I'm thinking of has huge line at lunch, so business seems extremely good.
Regional economic prosperity being a _cause_ of homelessness makes no sense to me, unless that economic prosperity for the few took away every business opportunity for everyone around them (e.g.: robot manufacturer replaces all jobs in all industries). The people making money are going to have to spend money.
So I wonder if it has more to do with other societal/economic changes going on that have changed how money is spent:
* Could it have something to do with Amazon/Home Depot/big box stores impacting local retailers?
* Could it have something to do with local manufacturing jobs going overseas?
* Could it have something to do with the 1099 gig economy work making it infeasible for companies to employ people full time (in that type of gig work), and driving down income for those jobs?
* Could it have something to do with the massive increase in drug use[1]?
Or all of the above? Or more reasons?
Also, the fact that it's happening in a period of very low unemployment does not bode well.
ps - Firefighters get down-payment assistance in San Francisco. I personally know a couple who live near me, thanks to this. https://sfmohcd.org/resources-first-responders https://sfmohcd.org/resources-first-responders
[1] - https://www.sfgate.com/bayarea/article/Number-of-people-shooting-up-drugs-in-SF-rises-50-13333141.php https://www.sfgate.com/bayarea/article/Number-of-people-shoo...
- i_am_proteus 8y agoMy main thought is that it's the intersection of economic prosperity that rewards individuals in certain sectors extremely well combined with natural and artificial restrictions on the housing supply. If housing is short, the people who make the most-- and can pay the most-- have a strong influence on the market rate. And if they're making a whole lot more than the other folks, the other folks get priced out of the market. BT I am very glad to hear that there's down-payment assistance for first responders in San Francisco.
- CydeWeys 8y agoOne major factor is simply that housing is too expensive. Yes, an employee at the $15 salad place is probably making more than minimum wage, but it's still not enough to comfortably afford the high rents in the city. SF has, and has had for awhile, some of the most restrictive construction and zoning laws in the country, and as a result demand has far outstripped supply. A decent number of people in SF become homeless for the most obvious reason that they just can't afford housing.
- robocat 8y agoAnd the question is: Does the demand outstrip the supply in large part because of the zoning laws. What other cities had a similar population and vibe to SF 40 years ago, but followed the path of rampant housing growth?
- seppin 8y ago> ps - Firefighters get down-payment assistance in San Francisco. I personally know a couple who live near me, thanks to this. https://sfmohcd.org/resources-first-responders https://sfmohcd.org/resources-first-responders Another way big tech actually COSTS taxpayers money