According to a Pew Charitable Trusts study, rising rental prices are directly linked to an increase in homelessness in the United States. The analysts write that while homelessness often has several contributing factors - such as substance use disorder, mental health, weather, the strength of the social safety net, poverty, or economic conditions - none are as impactful as the role of high housing costs.
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45 sats \ 0 replies \ @Undisciplined 12 Jul
Look at that, another downward sloping demand curve.
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61 sats \ 8 replies \ @SatsMate 12 Jul
Yikes, You should also check out the Phoenix evictions chart right now. Looks like rents rise, "In January 2024, eviction filings hit a high of 8,025, according to the Maricopa County Justice Courts". From last year is was about 83,000 evicitions in phoenix. I do see alot more homeless here in phoenix. We are a hollowed out country.
At least Zelensky's wife gets a brand new bugatti
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25 sats \ 0 replies \ @0xbitcoiner OP 12 Jul
fake news!
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13 sats \ 5 replies \ @BoJack 13 Jul
How do the homeless survive in Phoenix? This is a genuine question too I have been there in 120 weather and I cannot fathom why one would choose to live on the streets in phoenix rather than get on a bus to some beach in California and sleep outside there instead.
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21 sats \ 4 replies \ @Bell_curve 13 Jul
So weather can affect homeless population?
Interesting 🧐
Another factor besides rising cost of housing, mind officially blown away
Are you sure it’s not your perception of hot weather impairing your judgment?
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0 sats \ 2 replies \ @BoJack 14 Jul
What are you even saying? I am inquiring about the complexities of surviving outdoors hungover on fentanyl while the outside temperature is over 120 degrees. I did not comment about the economics of housing based on weather and am unsure why you are replying in such a childish manner. We can be better on this platform, no need to act like a teenage girl with your frivolous insults and passive aggressiveness.
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0 sats \ 0 replies \ @Bell_curve 14 Jul
Do you not see the title of this thread?
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0 sats \ 0 replies \ @Bell_curve 14 Jul
Interview a homeless person to inquire about complexity
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0 sats \ 0 replies \ @SatsMate 13 Jul
@BoJack @Bell_curve Honestly I have no idea how they do it because it gets dangerous after 110 degrees. Often they don't even beg at that point, they are likely in the shade at that point. I think this is why we see a lot more homeless people in California or Hawaii.
There is still a huge homeless population here, but the oven like temperatures definitely makes it unsuitable for most homeless. In my opinion it is better to be homeless in Phoenix than Chicago though.
They will go under an underpass in the Shade often times if it gets too hot.
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0 sats \ 0 replies \ @Bell_curve 12 Jul
I read or heard that the apartment vacancy rate in Phoenix is 9 percent which is very high for residential
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11 sats \ 31 replies \ @Bell_curve 12 Jul
The analysts are wrong.
The root cause of homeless is not financial or high housing costs.
In Mumbai or Bombay India one can find residents with low housing cost, rent is 5 euro per month.
All the cities on the list are left wing - the voters, the politicians, the regulators, city council, homeless activists
Austin has a lot of cheaper housing now. @k00b pays less in rent than he did last year.
AirBnb crackdown has made renting cheaper.
According to this chart, homeless population in Austin should now be lower but is it?
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11 sats \ 3 replies \ @BitcoinAbhi 12 Jul
Sorry! Not true.
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0 sats \ 0 replies \ @Coinsreporter 13 Jul
Yes, that's not true! Even for one day, you won't find a room for 5 dollar with basic needs in Mumbai.
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0 sats \ 1 reply \ @Bell_curve 12 Jul
https://mru.org/courses/principles-economics-microeconomics/rent-control-mumbai-india
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0 sats \ 0 replies \ @BitcoinAbhi 12 Jul
Look 5 Euro a day may be the rent in Mumbai but not 5 Euro a month. Not even in slum areas. Come and visit here il be more than happy to show you. Mumbai is my birth place, btw
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21 sats \ 6 replies \ @TNStacker 12 Jul
This is what drives me nuts about you man, no one said it was the root cause. You create useless circular arguments when you argue a different point.. It is not informative like you think. Do you do this on purpose?
Most impactful does not equal root cause!
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0 sats \ 5 replies \ @Bell_curve 12 Jul
Zero impact
Rents and homeless have zero correlation
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13 sats \ 4 replies \ @TNStacker 12 Jul
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0 sats \ 3 replies \ @Bell_curve 12 Jul
“None are as impactful as housing costs”
This statement is empirically false and politically deceptive
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0 sats \ 2 replies \ @TNStacker 12 Jul
There exists a price point where most renters become homeless. You're just blaming those hanging on to the lowest rungs of the ladder.
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0 sats \ 1 reply \ @Bell_curve 12 Jul
Renters downsize or move to a cheaper location or get a roommate
Renters can negotiate with their landlord to lower rent
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11 sats \ 0 replies \ @TNStacker 12 Jul
Sometimes that downsizing is to an RV or car or the street.
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38 sats \ 19 replies \ @0xbitcoiner OP 12 Jul
You're saying that price isn't the main cause in the US or India? The study is about the USA. If you're talking about the US (2017-2022), what is the main cause? Do you have a study to prove it?
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0 sats \ 18 replies \ @Bell_curve 12 Jul
The main cause of homelessness is mental illness and drug addiction
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13 sats \ 17 replies \ @0xbitcoiner OP 12 Jul
But is this your perception or do you have data to back it up?
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0 sats \ 16 replies \ @Bell_curve 12 Jul
Common sense
Interview homeless people in Europe and you will get your answer
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39 sats \ 9 replies \ @0xbitcoiner OP 12 Jul
I'm not the one who has to do that. You make a claim based on perception and you can't prove it and I have to prove what you're claiming? That's no way to argue. You win 🤠
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0 sats \ 8 replies \ @Bell_curve 12 Jul
Based on perception?pure gaslighting
What if government policy was to encourage drug overdoses?
Homeless population would definitely decrease
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13 sats \ 7 replies \ @0xbitcoiner OP 12 Jul
Can you show me any data showing that homeless people are mostly drug addicts?
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13 sats \ 5 replies \ @0xbitcoiner OP 12 Jul
Okay! You've said it all. I'm clear.
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0 sats \ 4 replies \ @Bell_curve 12 Jul
Sacramento is a very progressive city. They have decided to tolerate and encourage homelessness. A big problem is public policy like most things
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13 sats \ 3 replies \ @xz 13 Jul
A city that tolerates and encourages homelessness. How retarded.
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0 sats \ 0 replies \ @BitcoinAbhi 12 Jul
What I can see that the rents are becoming cheaper in india with time!
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