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San Francisco homeless population rises amid tech IPO boom  

San Francisco saw a 17% increase in its homeless population since its last homeless count, with numbers rising to levels that haven’t been recorded on these streets in 17 years. The increase comes amid an IPO boom in a tech industry that has the city’s rich growing richer, the wealth disparities starker and the cost of living more unaffordable than ever. “The cost of housing hasn’t gone down, so why does anyone expect that the amount of people experiencing homelessness would go down?” said Kelley Cutler, the human rights organizer for the Coalition on Homelessness. The city released a preliminary summary of its one-night street count on Thursday, tallying the number of homeless people at 8,011. The uptick, according to the mayor’s office, came primarily from people living in their cars, who totaled 68% of those counted. Read more HERE.

San Francisco saw a 17% increase in its homeless population since its last homeless count, with numbers rising to levels that haven’t been recorded on these streets in 17 years. The increase comes amid an IPO boom in a tech industry that has the city’s rich growing richer, the wealth disparities starker and the cost of living more unaffordable than ever. “The cost of housing hasn’t gone down, so why does anyone expect that the amount of people experiencing homelessness would go down?” said Kelley Cutler, the human rights organizer for the Coalition on Homelessness. The city released a preliminary summary of its one-night street count on Thursday, tallying the number of homeless people at 8,011. The uptick, according to the mayor’s office, came primarily from people living in their cars, who totaled 68% of those counted. Read more HERE.

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Published on 17/05/2019 @ 08h51   | |