Bill Cypher on Nostr: The #1 cause of homelessness is housing costs, 30% to 40% of homeless people, and ...
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.
Published at
2025-05-12 17:35:50Event JSON
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"content": "The #1 cause of homelessness is housing costs, 30% to 40% of homeless people, and property taxes are 20% - 35% of housing costs nationally.\n\nSomehow, the government has never thought to study what % of homelessness is caused by property taxes. \n\nSo I did a little math. \n\n150k property tax evictions annually.\n\nAverage 2.5 people displaced. \n\nConservatively, 12.5% of them fail to find other housing. \n\nAround 50k homeless people annually directly attributed to property tax evictions. Which is around 10% of all homeless people.\n\nProbably 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.\n\nAnyway, 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. \n\n",
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