Tucker: The Democratic Party wants to run the US
#SanFransisco, #Homeless, #Poverty
The San Francisco Bay Area comprises nine northern California counties and contains four of the ten most expensive counties in the United States. Strong economic growth has created hundreds of thousands of new jobs, but coupled with severe restrictions on building new housing units, it has resulted in an extreme housing shortage which has driven rents to extremely high levels. The Sacramento Bee notes that large cities like San Francisco and Los Angeles both attribute their recent increases in homeless persons to the housing shortage, with the result that homelessness in California overall has increased by 15% from 2015 to 2017. In San Francisco, a minimum wage worker would have to work approximately 4.7 full-time jobs to be able to rent a two-bedroom apartment.
San Francisco has several thousand homeless residents, despite extensive efforts by city government to address the issue. The dramatically larger prevalence of visible homelessness in the city (relative to other large US cities) is widely noted by visitors as well as residents, and as of 2018, is starting to impact the city's largest industry, tourism (a $9 billion industry), as one large doctors' group has decided to move their annual convention elsewhere after members' concerns about threatening behavior, mental illness, and assault on one of their board members.
The number of the individuals in poverty in the San Francisco Bay Area grew from 573,333 (8.6%) in 2000 to 668,876 (9.7%) in 2006-2010. While poverty rates vary greatly across the SF Bay area, in 2015, the Silicon Valley Institute for Regional Studies published that the poverty rate was 11.3%, having a slight downward trend from 12%; however, it was still above the historical average rate of 9%.