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It is insane how much actual land is used for ground-floor parking. You could house every homeless person in the USA with like 1/1000th of the available parking
by 0xbadcafebee 3y ago
It is insane how much actual land is used for ground-floor parking. You could house every homeless person in the USA with like 1/1000th of the available parking space, and park all the moved cars in vertical parking structures. But, geez, that costs money, and political clout, and homeless people don't exactly have a lobbying group.
- bugglebeetle 3y agoIt would cost less money than all that is already spent on homelessness combined, but violates the principle that real estate must function first as a wildly profitable speculative asset in expensive urban centers, which is why it’s verboten. You can set billions on fire with BS homelessness programs that both don’t compromise the underlying asset prices and provide myriad opportunities for graft, which is why they’re the favorite form of indirect taxation on real estate put in place by politicians. We already have and spend the money, just in the most corrupt and useless ways imaginable.