Rents falling due to "high cost of living + homelessness" seems self-limiting... eventually the rent is low enough to stop complaining and the homeless people g

Rents falling due to "high cost of living + homelessness" seems self-limiting... eventually the rent is low enough to stop complaining and the homeless people get indoors. The question is does it eventually settle into an equilibrium, or just endlessly oscillate between pleasant+cheap and apocalyptic+expensive? It will be interesting to watch the progressive establishment switch gears from trying anything and everything to get the influx of money and especially rich migrants to turn the fuck around and go home, to wailing about "disinvestment" (i.e. people doing just that) and how unfair it is that you have to be even minimally responsive to your tax base in order to fund services.