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723: Rent Control, and it's Effects on Housing and the Homeless
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Yesterday Lindsey made mention of the homeless problem we have here in LA. She's right. I love Venice. (a beach town suburb of LA) It's hippie vibe with mom and pop shops, and great restaurants are a throwback to old-school SOCAL, but it also has one of the worst homeless populations in the greater LA area.
And it's not just Venice. Los Angeles has a severe homelessness issue. It's estimated around 60k people are living in LA without a home.
Why is this? Yes, the cost of living is high, but the cost of living is high in a lot of places. And yes, we have a mental health and opioid epidemic in America today, but that exists in every major city in the U.S.
Today I want to talk about what I think are the two biggest contributing factors to the homeless epidemic in LA. Once you understand both you'll have a clearer picture of how to solve the problem, not just in Los Angeles but in any other major city in America.
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