The ignorance around housing policy is unfortunate. It is actually not complicated: zoning vs. population determines the number of homeless, income distribution determines who they will be. Changing the latter will literally not change the number of homeless people at all.
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So if you want to fix homelessness, you have two choices: either literally prevent companies from hiring people, so the population doesn't grow, or stop single-family-housing zoning and allow very large apartment complexes to be built everywhere in your city.
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Pretending this a problem with income disparity literally helps nobody. It will never solve the problem, even if income disparity is a separate problem you'd like to solve for other reasons.
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And to the best of my knowledge, this is not something controversial. It's widely acknowledged among those who study this problem. Homelessness is a supply / demand problem, not a pricing problem, and if you keep pretending it's a pricing problem you will never solve it.
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Finally, cities can (and some finally are) actually fix this problem. Recently, for example: https://slate.com/business/2018/12/minneapolis-single-family-zoning-housing-racism.html …
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I'm not sure about the US, but I know for Vancouver, where I live, that's simply not true. A lopsided wealth distribution here has massively inflated the demand for housing leading to a city where many rich people own 3-5 homes while homelessness increases
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Census data here indicates 25k+ empty and underutilized homes, but prohibitive prices leave even many working people on the street.
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I believe you are ignoring speculation on units/land as investment vehicles combined the fact that without rent control, changes in rents will force existing tenants out.
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Not to mention that those with higher income are more easily able to relocate/adapt to changing economic landscapes.
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