What do you want us to do, VintageBetter? Kidnap them? Take them home with us? Please tell us what we should do! Homelessness is what churches and charities are for.
This is why I didn't go into Public Policy work. I have plenty of ideas, but in PP, everything has to be decided by committee.
Then when one committee makes a proposal to buy Lot Y over there off of Main St. and build 300 units, 20% of which are for 55+ only, then that goes to another committee, the City Beautification committee. Then the full city council has to approve it. Then, in some states, there's more committees.
THEN it has to meet all regulations. That takes
YEARS in many parts of my state.
In the meantime, the low income Senior numbers have increased by 20% so now these 60 units are for 72 low-income Seniors in the region and the newspaper is reporting that there's gonna be a lottery for the units and 12 grandmas are going to LOSE out.
Then the news reports, "Nasty PP people, why didn't they plan more for all these grandmas!?" But the reporters may not know that the whole building approval process was created years ago, often by legislators who are fat and happy now, rich and retired.
They get elected, make the goofiest of laws, take their money and leave. It's all to prop-up real estate prices. Supply and demand.
Not enough apartments for all who want them, so that drives rents up.
The legislators could be like bartenders and make laws that say, "You've drunk enough RE investors, we're gong to cut you off a bit", but they won't. It's like they are on auto-pilot. They cannot even conceive of a city with say, $1,000 a month 1-bedroom apartments.