Can wholesaling properties really help solve homelessness in the united states? Homelessness is a far larger issue in America than many realize. In the richest areas like Southwest Florida, many are displaced with young children going hungry daily.
According to a HUD study last year that the top five countries for homelessness made up over half of the numbers in the nation. In Tampa, Florida alone there were approximately 7,500 homeless individuals on record. But some politicians have apparently discovered a solution.
Portland, OR, Columbia, SC and Tampa, FL have been working to outlaw being homeless and lock up those found guilty of not needing houses. Apparently being displaced strips people of being members of the people’ in those cities as, if they’re lucky these convicts may get away with a fine of about $100 According to news coverage of those trends, those financing these proposals claim they’re doing this to be able to boost local business.
However, while most can comprehend the possible negative effects of mass homelessness such as the effect on local property values online commentators seem to be most outraged. It’s almost understandable that local authorities could see more bucks coming from penalties like this (if they were paid), in addition to seeing income generated from a higher prison population.
Yet, is not there a better, more humane solution? Opponents of this bill in South Carolina point out that it really costs thousands less annually to provide permanent supportive housing in the shape of an apartment compared to So how do those wholesaling properties help the circumstance, and supply a solution that benefits people immediately and towns in the long term?
Wholesaling residential property is really a natural alternative but can be made more powerful by investors who go larger to associate with cities and other investors to recycle distressed properties. Additionally, retailers can donate land for housing the homeless, provide job opportunities to people in need, and if they’re very keen on producing solutions help home tens of thousands