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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: roto who wrote (35834)9/3/2021 12:05:51 PM
From: ajtj992 Recommendations

Recommended By
Jacob Snyder
towerdog

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The homeless problems really started when the US stopped locking people up in insane asylums in the early 70's. Once they were freed, many ended up living on the streets. Also, many Vietnam vets who were suffering from PTSD and were getting little to no help ended up on the streets homeless in the 80's.

A majority of the US homeless people suffer from mental illness and/or substance abuse. While the US government loves to lock up folks at $40k/year for possessing recreational drugs, it doesn't like to spend a dime on treatment for addiction. It's politically untenable, so we get blowback. One of the forms is homelessness.

It's a complex problem, and even more so in high rent areas like SFO and NYC.
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