San Francisco is on track to spend about $1.1 Billion dollars on homelessness this year, and $600M next year. https://www.sfchronicle.com/bayarea/article/S-F-h

San Francisco is on track to spend about $1.1 Billion dollars on homelessness this year, and $600M next year. https://www.sfchronicle.com/bayarea/article/S-F-has-an-unprecedented-1-1-billion-to-spend-16318448.php https://www.sfchronicle.com/bayarea/article/S-F-has-an-unpre... So it's not for lack of spending. But 40 years ago, we decided to downzone the city because we don't like even mid-rise buildings, and then we got a massive jobs boom. Combine a huge amount of wealth creation, with a very constrained housing supply, and you're going to have price shocks, which will push the most vulnerable out on the streets. That's what we see. And I happen to live in the neighborhood that that used to be much more light industrial, and happens to have the most shelters and services for anyone experiencing homelessness. Generally the others parts of the city fight against any kind of shelters or services... so it all ends up here.