Releasing housing dissolves homelessness, increases the tax base and reduces the tax burden, and, most importantly, moves people from dreaming of housing to living in housing.
Even worse, the strategy has not changed. In March 2024, California voters, by a razor thin margin, approved another $6.4 billion in bond-financed spending. But California’s homeless problem is not due to alcohol or drug abuse, mental illness, or the lack of shelter beds—our research indicates that this new spending will also do little to address California’s crisis of homelessness.
This result is attributable to two things. First, homes are allowed to be built in Harris County . In 2022,about three times as many homes per capita as LA and Orange Counties. As a result, in spite of decades of rapid growth, the median home price in Houston remains below the national median, with home prices being about one-third and one-quarter respectively of those in LA and Orange Counties., began in 2012 and is credited with housing over 28,000 individuals and families.
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