More homeless people have been created due to the housing supply crisis. Homelessness is up 11% since last year, per the WSJ.
The opioid crisis, consumer inflation, and NIMBYism have contributed too.
California has the most homelessness on both a total and per capita basis.
States with higher housing costs have more homeless people.
I share our poll results: “Should we pay to house the homeless?”
Are you a NIMBY? We find out today.
We can increase housing supply with rezoning, construction training, and lower mortgage rates.
The cycle of investor emotions led to wild investing manias. It was tulip bulbs in the 1600s Netherlands and Beanie Babies in the 1990s United States.
I discuss exactly why “buy low, sell high” is more difficult than it sounds.
Resources mentioned:
Show Notes:
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