https://www.yahoo.com/news/tolerant-...193935341.html
OK, I shouldn't indulge in the Schadenfruede, but damn, it's hard not to enjoy this.SAN FRANCISCO (AP) — Though known for its compassion to the needy, San Francisco may have hit peak saturation with tent camps, stinky urine and trash littering the streets, and the new interim mayor has vowed to do something about it.
In the last few weeks, Mayor Mark Farrell has promised $750,000 to hire more people just to pick up discarded needles and $13 million over the next two years for more heavy duty steam cleaners and pit stop toilets. He also had workers dismantle sprawling homeless tent camps in the city's Mission District.![]()
Cause and effect? Chickens coming home to roost? You get what you subsidize?
My question would be: How many homeless camps and piles of feces in the street do there have to be before those astronomical home values start dropping?
To me that's the crazy thing: People still pay exorbitant prices to live there. Still. Even with all this.
You would think in a functioning economy with supply and demand, what would happen is people who have money to spend would choose to spend it elsewhere, lowering demand for housing and a corresponding drop in home values and rental prices.
But apparently that's not what's happening. It's bizarre, how much shit - both figurative and in this case literal - people are willing to put up with to live in a city like SF.
SMDH.





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