How Los Angeles Makes Billions On The Homeless

What You Don't Know About The Homeless Situation... Add me on tiktok @thisisjohnwilliams

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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.