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The Homeless Crisis Is Getting Worse in America’s Richest Cities

bloomberg.com

161–170 of 340 posts

Re: The Homeless Crisis Is Getting Worse in America’s Richest Cities

#161
I think part of the problem is that there is a certain percentage of homeless people that are just completely irredeemable.

Anyone that’s spent some time riding on the NYC subway can attest to this. No matter how much money you throw at them, they will keep begging or acting crazy.

Short of locking them up, what do you do with those people?

Re: The Homeless Crisis Is Getting Worse in America’s Richest Cities

#162
Since this a crazy hard problem that won't be solved in a comments section, how about playing with a completely silly idea instead:

> Outlaw rental housing - force everyone to own their residence

The people we're most interested in helping are those pushed out by rising rents. Rents can't rise if they don't exist. New migrants can't drive rent up if rent doesn't exist - to the contrary, they would be increasing property value for all residents.

I'm confident we can make this work, people.

Re: The Homeless Crisis Is Getting Worse in America’s Richest Cities

#163
post #91

A big part of the problem is the use of Revenue Management Software to set prices. This obviously ends up working like a cartel. I note that: -Even when nation wide vacancies were at their highest in 30 years, rental price rose. -Even as home prices plummeted, rental price rose. -Rent has risen 30% _nation_ wide just since 2013 so zoning an limits on building can't be the main cause. https://www.census.gov/housing/hv…

I've never heard of Revenue Management Software. What effect does it have exactly? If you own some apartments, wouldn't you just check the local advertised prices and set your prices similarly, possibly also using whatever your social network of landlords can tell you?

What it sounds like to me is better optimization of vacancy. If you can raise rent by 50% and only lose 25% of tenants, you have increased revenue while also decreasing expenses.

Re: The Homeless Crisis Is Getting Worse in America’s Richest Cities

#164
post #104

Earlier quoted context omitted.

> endless money pits The reason they are money pits is because they aren't something that will be solved by a city or even a state. Any attempt to solve the problem locally in a "humane" way has a high risk of just attracting more folks in the same circumstance to the area. The most effective way for a city or state to "solve" the local homeless problem is to simply pay for one-way bus tickets to somewhere else. But…

I'd be interested to hear how homelessness can be meaningfully addressed in a humane way by the federal government (especially if it is constitutional).

Simple. Put a ceiling on rents. Allow no-one to own more than one home and insist they live in the one they own. In the UK we have a "bedroom tax" but it is aimed at the poor, not the rich as it should be. Make it illegal to discriminate against anyone based on their income source or the state of their health. Build housing exclusively for low-income occupants instead of throwing everything onto the insidious property market. Ban property markets altogether and replace them with government-regulated allocation. No. Thought not. No-one is really serious about solving the world housing crisis. So long as politicians rely on the comfortable middle-class for their survival nothing will change.

Re: The Homeless Crisis Is Getting Worse in America’s Richest Cities

#165

"Houston, the fourth-most-populous city in the nation, has cut its homeless population in half since 2011, in part by creating more housing for them."

If that is the actual reason, then wonderful. But if their homeless went elsewhere or, worse, were moved elsewhere, not wonderful.

Re: The Homeless Crisis Is Getting Worse in America’s Richest Cities

#166

Earlier quoted context omitted.

> suddenly we get very "every person for themselves" the second homelessness has a price tag. A confounding factor involved here is that many government strategies for dealing with the homeless are endless money pits without noticeable results. I think a lot of people would be more comfortable with their tax dollars going to that purpose if they didn't feel like nothing was actually happening from it.

> endless money pits The reason they are money pits is because they aren't something that will be solved by a city or even a state. Any attempt to solve the problem locally in a "humane" way has a high risk of just attracting more folks in the same circumstance to the area. The most effective way for a city or state to "solve" the local homeless problem is to simply pay for one-way bus tickets to somewhere else. But…

> Any attempt to solve the problem locally in a "humane" way has a high risk of just attracting more folks in the same circumstance to the area.

This is just provably false. Utah solved it's homelessness problem by just giving people homes. And it was pretty effective.

Re: The Homeless Crisis Is Getting Worse in America’s Richest Cities

#167
post #118

Earlier quoted context omitted.

Noah Smith's perspective on the necessity of a federal approach to homelessness: https://www.bloomberg.com/opinion/articles/2018-05-21/ending... Key graf: > About 3.5 million Americans will experience homelessness at some point in time, but only about a half-million are homeless at any given time, and roughly 87,000 of these are chronically homeless. By some estimates, housing a homeless person and providing them wit…

How federal involvement will help? Article doesn't detail what powers exactly federal govt possesses that would help, aside from moving spending from local to fed level. I'd also argue, that having feds in this business would even worsen the situation: now locals could be taken completely out of the loop for decisions like where to place shelters. Like, "oh you don't like shelter in this neighborhood? take a walk - i…

Funding for mental health / universal health care would take the riskiest cases off the street. This would allow the existing safety nets to function better. Also, basic income.

Re: The Homeless Crisis Is Getting Worse in America’s Richest Cities

#168

homelessness is the societal manifestation of the lower end of the bell curve. period. anyone who's interacted with homeless people knows this. yes there are exceptions, and no they do not make up the bulk of the distribution. putting your hand in the sand and blaming "slow wage growth" or some other secondary factor instead of pointing out the obvious is a disservice to those people. and before you call me harsh, kn…

You are spot on. It's unpopular to talk about this, but it's absolutely true. 90% of homeless people are on the low end of the IQ spectrum, some with other mental issues to boot. Low IQ is strongly correlated with poor self control and an inability to delay gratification. You couple that with a lack of decently paid low-skill work in America (thanks Globalism!) and these people can't survive any longer. They simply d…

Using throwaways to post handwavey flamebait will get your main account banned too, so please stop.

https://news.ycombinator.com/newsguidelines.html

Re: The Homeless Crisis Is Getting Worse in America’s Richest Cities

#169
post #91

A big part of the problem is the use of Revenue Management Software to set prices. This obviously ends up working like a cartel. I note that: -Even when nation wide vacancies were at their highest in 30 years, rental price rose. -Even as home prices plummeted, rental price rose. -Rent has risen 30% _nation_ wide just since 2013 so zoning an limits on building can't be the main cause. https://www.census.gov/housing/hv…

I've never heard of Revenue Management Software. What effect does it have exactly? If you own some apartments, wouldn't you just check the local advertised prices and set your prices similarly, possibly also using whatever your social network of landlords can tell you?

I've worked on the most popular apartment (i.e. multi-family) price optimization software in the past. Those market prices are used in the forecasting models (they are even obtained in some cases by teams calling complexes manually and asking for prices since they are not advertised). You can't easily obtain this data on your own, because these prices are only disclosed to larger entities for aggregating, they don't advertise them much. Essentially you forecast to optimize for mid-ninety percent occupancy and factor in market comparisons (with models to determine similarity) to come up with a price combined with lease lengths. It's ruthlessly capitalistic and primitively supply and demand oriented. In fact, you can do pretty well even without neighboring market data and only paying attention to yourself.

I've watched my own software used to raise my rents often. The system works very well and makes landlords lots of money, but it is incredibly simple once you have the data.

Re: The Homeless Crisis Is Getting Worse in America’s Richest Cities

#170
post #67

Earlier quoted context omitted.

There's some merit to this but I'd say it's still a little off the mark. Homelessness is a condition, how people got there is one thing, the main tools to "fix it" are fairly straightforward: give people housing. Dealing with everything else (mental health issues, drug addiction, etc.) can be dealt with separately, and will be vastly easier without having the fundamental problem of homelessness.

how people got there is one thing, the main tools to "fix it" are fairly straightforward: give people housing The solution sounds straightforward, the path to get there looks like a Gordian knot. How do you pay for it? How do you get that funding source to go along with your plans to pay for it? Etc.

Taxes? I believe they were invented (let me check) in the stone age, so that might be something we could look into.

You speak like this is something nobody's ever done before, but it's been done, repeatedly and often throughout the world and even in America.

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