Homelessness - sh.itjust.works

What about the shareholders? … if we deal with homelessness, it will affect the shareholders!

Won’t someone think of the shareholders?!?

Okay, this bullshit. It’s not shareholders who would be negatively affected by this, and it’s not shareholders who are actively working against doing something about the problem. Shareholders are just an easy acceptable target to point your fingers at, whether it makes sense or not.

What needs to be done to tackle the homelessness problem (not the only thing, but probably the most important one) is to zone much, much more land inside or directly next to cities for affordable mid-rise multi-family homes. Guess who is opposed to that and has the power to do something about it? Existing property owners. Specifically owners of detached single family homes. Because doing that would negatively affect their property values. Personally, I think that shouldn’t matter, because what good is living in home that is worth absurd amounts of money on paper going to do you if society is falling apart because of it? But home owners are always massively concerned about their property values and will torpedo anything that might threaten it. Of course, pointing your fingers at home owners is much dicier than pointing them at shareholders, because even in a bubble like this one, you are bound to point at some people here who will feel personally attacked by that…

“Shareholders”, on the other hand, aside from those that are also home owners at the same time, don’t really have much reason to care one way or another about effective projects to reduce homelessness.

NIMBYs basically.