Considering how crazy expensive accommodations have become the last couple of years, concentrated in the hands of greedy corporations, landlords and how little politicians seem to care about this problem, do you think we will ever experience a real estate market crash that would bring those exorbitant prices back to Earth?
Yes, but that will only help the homeless if they spend all that tax money (and more) on mental health care and addiction therapy.
Spoiler: That’s not where it will go.
Also a lot of these empty houses are in places where nobody in their right mind would want to live even if it were free. There’s a little bit of rich people squatting on “investment” property or holiday homes, but it’s not the majority.
Except for the first time housing prices and availability are more to blame for homelessness than mental health.
https://www.cato.org/briefing-paper/housing-markets-first-housing-supply-affordability-are-key-reducing-homelessness#:~:text=In a recent book%2C authors,substance abuse%2C or poverty measures.
So… you say they’re perfect for the mentally ill homeless? 🧐