[lalos]

That's by design, money is actively invested on AI because they see an upside. Would you claim the same for homelessness?

[cscurmudgeon]

A lot of money goes into the homeless industrial complex

https://www.latimes.com/california/story/2021-07-16/californ...

"BART oversaw $350,000 Salvation Army program that treated one person, audit finds"

https://www.mercurynews.com/2023/02/03/bart-oversaw-350000-s...

A lot of tax payer money is funneled into non profits that are revoked, suspended or delinquent nonprofits

https://sfstandard.com/politics/san-francisco-nonprofits-rev...

And of course those that directly steal funding:

https://apnews.com/article/california-los-angeles-embezzleme...

[gowld]

The only way to "fix" homeless locally is to make local so terrible that people leave.

SF attracts homeless people because it's a better place to live than most other places.

Fixing homelessness requires a national solution or internal borders.

[uoaei]

It's easier than that. Give people homes.

[jboy55]

Half the US wants to attach drug-testing and proof of job seeking to food stamps. The true solve for homelessness is unconditional money/housing.

As long as the possibility that 5% of participants will take advantage of the program, the program is doomed.

[lotsofpulp]

Can the homes be in North Dakota?

[nemothekid]

>Would you claim the same for homelessness?

Lots of money is invested into homelessness, but the problem of homelessness in America isn't money, it's incentives.

Home equity represents a large chunk of retirement savings for boomers and is largely an investment vehicle for many funds. This means two things:

1. The prices of homes are designed to go up every year; money "invested" into your home must grow.

2. Any action (new homes, legislation, etc) designed to decrease the cost of homes will be actively fought.

As the cost of homes continues to balloon, more and more people will be priced out of home. As landlords need to cover larger and larger mortgages rents will also increase. The trend is already starting; the people you see on the street are those that would have been living in cheap neighborhoods that you would avoid driving in at night (those neighborhoods were gentrified and the people who were priced out and didn't have any family were put on a greyhound to SF/LA).

My theory is that we will get AGI before we blow up the real estate investment market.