The #1 cause of homelessness in SF, according to interviews of people without housing and the comprehensive point-in-time count out today, is job loss. It's bad the count went up during a boom, but don't fool yourselves into believing that it wouldn't get worse in a downturn.https://twitter.com/shane_bauer/status/1147197354401042433 …
This was true through the boom too. Earlier on in this cycle, I would’ve said there was more balance between comp/risk/reward w/ smaller cos vs big cos. But the big cos have gotten *sooo big* this cycle.
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While that might be true, software engineers and skilled workers have no trouble funding another job.. it's the lower end of the totem poll and the outside of BA tech firms that get hardest hit. Some have not recovered.
End of conversation
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