[heavyset_go]

I'm familiar with stats like this for other cities, but in my experience, it's common for those statistics to be misinterpreted.

Often these funds go towards housing people so they are no longer homeless, so you might have X people who are currently homeless, but Y people relying on that $1B to remain housed.

Because of that, it's inaccurate to divide $1B by X and then claim that's how much going towards individuals who are still homeless anyway, when it is more accurate to divide that figure by X+Y.

[lazyasciiart]

This stat isn't even being misinterpreted, it's being lied about. The $1billion is an imaginary number that includes theoretical lost tourism revenue, a pretense at annual spending of the capital costs for buildings used by welfare services, etc.