I agree!
Did you know that in the USA more buildings are vacant than there are homeless people? So the amount of housing that needs to be built is exactly zero. It’ s not an amount of resources problem, it’s an allocation of resources problem.
It is still a resource problem. There’s a reason NIMBYs exist. Homeless populations have substance, legal and mental issues. The property is pretty much a write off the moment you hand it over.
This is probably where we’ll disagree: I believe that all people living in a humane way is more important than investors’ real estate portfolio valuation.
I wasn’t even talking about investors or the homeowners you’d plan to confiscate from. I was talking about turning neighborhoods into slums overnight. Pest infestation and drug use.
