> Rather than asking "Who can we blame?" maybe we could start asking "How do we fix it?" Nobody talks about the hard truth: The homeownership rate in California is ~55% and therefore over half of Californians are heavily incentivized to keep the housing crisis going. For existing homeowners this isn't a crisis, it's a free paper money bonanza. Just by living in their houses home "owners" (most are heavily leveraged)…
Another major group of the homeless is drug addicts. Again, home prices isn't going to change that.
I think its very rare someone goes homeless because their rent went up. if they can't afford it, they usually move.
I'll get down-voted before this but that's how I feel, and I think this 'more affordable homes will solve homelessness' is a waste of time.