Given a construction budget of $125,000 per residence for a particularly nice two bedroom single bathroom house of about 1000ft², that's 80,000. Estimates are that there are currently between 750,000 to 800,000 people that have no home right now. Taking the high number of 800,000 that $10,000,000,000 is 10% of those people housed. You could reasonably go down to $30,000 for a build for a single floor house of the same footprint if you used mass produced prefabs, and get 330,000 people housed, or over 41%. Do you realize how much that would uplift things if we suddenly had a 41% reduction in homelessness? Considering that companies like Google and OpenAI are throwing around hundreds of billions of dollars which never get circulated back into the wider economy, spending $10,000,000,000 to bring 330,000 people back into economic and societal participation sounds amazing. That's assuming a somewhat low yearly income of $45,000 per person, adding up to $14,850,000,000 in circulation, or a gain of almost $5,000,000,000 right there. Even if we only achieve half of any of this that's $7,000,000,000 for one year. Two years in and the cost has already been paid back and more.
This comes with the giant caveat that we exclude the external costs of such a huge project, like social welfare visits, probation or monitoring if needed, or even just placement programs. Likely those all combined would be a third of the total cost.
alt Hacker News
Given a construction budget of $125,000 per residence for a particularly nice two bedroom single bathroom house of about 1000ft², that's 80,000. Estimates are that there are currently between 750,000 to 800,000 people that have no home right now. Taking the high number of 800,000 that $10,000,000,000 is 10% of those people housed. You could reasonably go down to $30,000 for a build for a single floor house of the same footprint if you used mass produced prefabs, and get 330,000 people housed, or over 41%. Do you realize how much that would uplift things if we suddenly had a 41% reduction in homelessness? Considering that companies like Google and OpenAI are throwing around hundreds of billions of dollars which never get circulated back into the wider economy, spending $10,000,000,000 to bring 330,000 people back into economic and societal participation sounds amazing. That's assuming a somewhat low yearly income of $45,000 per person, adding up to $14,850,000,000 in circulation, or a gain of almost $5,000,000,000 right there. Even if we only achieve half of any of this that's $7,000,000,000 for one year. Two years in and the cost has already been paid back and more.
This comes with the giant caveat that we exclude the external costs of such a huge project, like social welfare visits, probation or monitoring if needed, or even just placement programs. Likely those all combined would be a third of the total cost.