Rather, economic studies have consistently found that “housing costs are the primary driver of homelessness.”

As per the Paradox, it's about high rents.

Specifically, it's about the high cost of access to a particular location.

Homelessness is a land rent problem.

Note that the above findings echo those found in the Netherlands, where a ban on investor landlords in Rotterdam:
📈 Increased rents
👨‍👩‍👧‍👧 Reduced the presence of young, low-income & migrants in the neighborhood, and
🤷‍♂️ Had no impact on house prices

Cursed as fuck.…

Say what you will about City Journal, but 'Judge Glock' is one of the coolest names of any human in history.

(to be clear, this is a joke)

My posts aren't getting much attention these days. They must have changed the algorithm.

It's good if developers make a ton of money by building houses.

The people making too much money are the ones who do it by just owning land & doing nothing. So tax land value & redistribute it.

'Building density hasn't made Vancouver more affordable'

✨ 'In a good economy homelessness goes up': The Paradox of Progress and Poverty ✨

Homelessness is an urgent humanitarian crisis facing many US cities.

But it's not ubiquitous.

Paradoxically, homelessness is at its worst in precisely the cities where incomes are highest.