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barry-cottertoday at 3:40 AM2 repliesview on HN

Giving money to your local homeless shelter encourages homeless people to move near you (see San Francisco). Making a lot of risky investments in businesses encourages people to start new businesses. One of these has positive second order effects on economic growth.


Replies

gammaratortoday at 4:01 AM

The vast majority of homeless people in the Bay Area are from the Bay Area. https://www.spur.org/publications/urbanist-article/2017-10-2...

There is lots of homelessness because housing is expensive. https://www.noahpinion.blog/p/everything-you-think-you-know-...

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investatoday at 5:36 AM

Neither helps homelessness. Building more affordable homes is the solution. Which also has 2nd order effects.