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Tell HN: Why homelessness in San Francisco is permanent

3 pointsby pacerieralmost 2 years ago
I&#x27;ve just found out why homelessness is basically a permanent or decades-long affair in SF: the city has outrageously costly rental rights bundled in a 28-day (or more) purchase of a basic roof over one&#x27;s head. Thus the market cannot provide bulk discounts &gt;27d (the payment schedule makes no difference), and in practice it gives a 7d max discount, which is lol.. 15% off daily rates? (How much can a 7d discount go?)<p>Thus the price one pays for lacking upfront loans for Long &#x27;[1]&#x27; rent: a mere haircut off daily rates (until one can afford them no longer).<p>Just saved the city $0.5b [2] on research.<p>==<p>[1]: long enough to divide out that outrageous bundle to workable rates.<p>[2]: though entrenched greed means perfectly zero chance for the $ to be directed to people with lived knowledge, so more like 0.5b, annually, to keep the show going until appetite changes (then 0.8b&#x2F;yr).<p>[3]: Solution: bundle-in minimum rental rights instead of maximum; and stagger as much as possible, like someone who has lived in a house for 7 years needing more guardrails than someone 7 weeks.

2 comments

jacobriisalmost 2 years ago
There are a lot of vagrants in San Francisco because they can do basically whatever they want.
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BMc2020almost 2 years ago
Um, they can move away easily, because they are <i>homeless</i>.<p>Also it seems you meant to link to something but never did.
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