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The #1 cause of homelessness is housing costs, 30% to 40% of homeless people, and property taxes are 20% - 35% of housing costs nationally.

Somehow, the government has never thought to study what % of homelessness is caused by property taxes.

So I did a little math.

150k property tax evictions annually.

Average 2.5 people displaced.

Conservatively, 12.5% of them fail to find other housing.

Around 50k homeless people annually directly attributed to property tax evictions. Which is around 10% of all homeless people.

Probably much higher since that is property tax evictions of owners only, renters who were evicted but could have afforded 30% lower rent are likely much higher.

Anyway, just me thinking out loud about potential arguments against statists. Focusing on trying to convert lefties these days since they are most unhappy with their government right now.

crany 👽🧡🗿 7mo ago 💬 3

my housing cost is less than 5% of assessed value including school taxes. move your residence in US

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Discussion

Bill Cypher 7mo ago

I didn't say what mine are, only national numbers.

Hazey 7mo ago 💬 1

Telling people to move is a non-answer. Most of the time moving makes things worse. Those who stay out the longest have the lowest living cost

Bill Cypher 7mo ago 💬 1

I was ignoring the time cost to rebuild a garden with comparable output on a new plot of land. But yeah, waiting another 3-5 years for fruit trees to start putting off fruit matters to those of us who aren't immortal.

crany 👽🧡🗿 7mo ago

if your attached to your property, I get it.

crany 👽🧡🗿 7mo ago

I do believe in arbitrage as a capitalistic and person financial approach