https://youtu.be/CCe4P062F4Q?si=LL0-h_Uht-A2ytW-
Newsom didn't fix homeless -- he made it worse. He got promoted to governor in 2018 -- and the homeless problem is even worse. San Francisco is the WORST homeless town anywhere in the US. That should tell everyone what NOT to do. The government has no business trying to fix housing problems by market manipulation.
- Housing problems occur when government tries to make owners (and renters) pay MANDATORY FEMA flood insurance making housing less affordable. If people want to insure against flooding, let them -- don't make them. People are smart enough to know if they need insurance or not.
- When the government wants to force employers to pay more for a minimum wage, that will cause more people earning minimum wage to earn nothing. More people earning nothing will show up as homeless.
- When government spends more than it has, it prints money and inflation increases. Government can't force housing costs down while they are forcing the cost of everything up. That's like trying to bail a sinking boat with a strainer.
- Government can't incentivize developers and property owners to produce something the market doesn't want. If the government tries this technique it's not serving the public they have -- it's trying to change the public into something else.
- Stop spending money we don't have -- that will stop inflation and prices increases of everything (including housing). (Nothing local government can do about this.)
- Let the free market work for wages. If a local business can't find help at the rate they pay, they need to pay more. (Nothing local government can do about this.)
- Don't spend precious resources (taxes given or not collected) in incentives to change the town -- the people who pay taxes won't benefit from that.
- Don't fix what isn't broken and fix what's broken. We had a soup kitchen and no poor house for decades if not a century. Now we "fixed" the not having a poor house (Pathways) and brought an entire ecosystem of people who use it, want to use it, are waiting to use it, have out of town friends who want to use it, have insiders in the prison system promoting using it, etc.
- And just to lay it out there, yes, it's possible to have increased crime which will reduce property values and therefore housing costs.