How Los Angeles Makes Billions On The Homeless
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When most people think of Los Angeles they think of Venice beach, Malibu, Beverly Hills and all of the luxurious neighborhoods. However when you live in LA you see what most people don't see which is endless homeless. The homeless crisis in Los Angeles is the worst of any city I've seen in the world. There are over 100,000 thousand homeless people in Los Angeles and most people would consider Downtown LA as Hell.
There are many programs that insist they have a solution to solving the homeless crisis and some of them are to build housing units for upwards of $1,100,000!! The cheapest housing unit is being offered at $550,000. This is A Lot of Money! How will Los Angeles pay for this? They will use tax payer funds after all.
This is where things get interesting. I have a lot of experience with the homeless as well as real estate development and believe I understand this issue at a level that may be deeper than the average person.
I believe that what is happening in Los Angeles is only the beginning to the problem and the more money spent on the homeless with this strategy will mean the more money that will need to be spent.
I of course wish that there was a solution that could be costs effective for the tax payer of Los Angeles and San Francisco so that the real estate tax revenue was utilized in the most effective manner however to me, this is not it. Drop your comments below and let me know your thoughts on this ten plus billion dollar strategy to help the homeless.
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5:54
NextNewsNetwork
2 months agoLA Mayor's Shocking Plan Wealthy Residents to Solve Homelessness Crisis
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31:15
News For Reasonable People
11 months agoCalifornia's 32% Homelessness Spike: Is the $17.5 Billion Strategy Working?
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26:25
California Insider
3 years agoHow LA Profits from City-Wide Homeless Crisis | Soledad Ursua
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3:24
Media Steady
1 year agoWhat Happen To The $1.2 Billion To House The Homeless In LA?
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24:19
MichaelBordenaro
11 months ago $0.01 earnedWhy Are There SO MANY HOMELESS IN CALIFORNIA?
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2:58
NextNewsNetwork
11 months agoThe Soaring Shadow: Unmasking Los Angeles' Alarming Homelessness Crisis
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2:32
KGTV
1 year agoCalifornia awards nearly $12M to San Diego to build homes for homeless
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12:51
newswithGeorge
11 months agoSan Diego spent 750 million dollars To house homeless
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28:21
California Insider
3 years agoWhy Homelessness is Growing in California | Veteran Journalist Jerry Sullivan
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22:56
News For Reasonable People
1 year agoA Proposal for Housing the Homeless in Unused Hotel Rooms Would Destroy Los Angeles Tourism Industry
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