Sunday, January 3, 2021

How LA Profits from City-Wide Homeless Crisis | Soledad Ursua

From state and municipal unfunded pension funds to reductions in police and enforcement to homelessness and drugs and evictions, it all works together to reduce the value of real estate which in turn reduces tax revenue, like a snowball rolling downhill the problems just keep compounding and growing.  If money is not injected into the hands of the needy so they can attempt to climb back, it's going to take decades to get back. Without social safety nets that Saint Reagan destroyed, we may never get back to where we were and business cannot wait for the corrections, they will continue to bring in foreigners who have free college education at home, in place of an American who could not afford the tuition.

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