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"Living in tents" is more a problem with restrictive zoning laws; zoning needs to be liberalized. https://marginalrevolution.com/marginalrevolution/2017/05/new-

• aaomidi 6y ago
  So there isn't an issue with minimum wage stagnating compared to inflation?
  • marcus_holmes 6y ago
    yes there is, but it's a separate issue
  • scatters 6y ago
    Inflation is influenced by minimum wage. If wages rise but people are competing for access to an artificially restricted housing market, all that will happen is house price and rents go up to absorb the increase; the only people better off will be landlords and homeowners with a larger house than they need.
  • SpicyLemonZest 6y ago
    If we don't allow the housing supply to match demand, no minimum wage will be enough.
• verall 6y ago
  Yup, that's why Houston with it's "we couldn't even begin to care" zoning laws has solved homelessness.
  • readarticle 6y ago
    It’s partly the reason they’ve decreased their homeless population by 54% since 2011, yes. I’d probably point to the concerted efforts between the housing authorities and the regional VA office that, with combined HUD & VA funding, essentially ended homelessness among veterans in the city first though. Kinda unfair to compare them to other American cities tbh, it’s always easier to do stuff like this when you can actually build.
• carapace 6y ago
  This too. I don't mean to be cheeky or flip, but I have to point out that changing laws also requires money, eh?