This is the agenda 2030 tip-toe. Public-private partnerships always are. they are presented as a gift and helping hand and then turn into regulations making huge profits by controlling human lives. If you build prisons, you're going to need prisoners to keep the investors happy. Homelessness, Inc..
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Spot on, and it won't even be difficult for them to find new prisoners. According to the article on CNN: "The plan would be to lease units back to the city for approximately $1,000 per month per unit." So basically, the city (and thus the taxpayers) fund free 180sqft apartments for the homeless. Nice, free housing. There's literally no incentive for them to leave, and there may actually be incentive for the employed to quit their jobs and get free housing too! The long run trend of this means everyone is "homeless" in city-leased units, and no taxpayers are left. It's a compassionate and well-intentioned idea, but without some serious checks in place to make sure it doesn't get abused, this will not be sustainable in the slightest.
The jails in my area are used as 'overflow' homeless shelters. Some belief apparently exists that people will prefer checking into jails for a cot for the night, even though they are subject to the same controls as court mandated captives during their tenancy.
The mind boggles...