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“from losing all your income until you're homeless.”

I’m willing to bet you haven’t lived long enough to know that’s a more or less a proxy for old age. :) That aside, even homeless people acquire possessions over time. If you have a lot of homeless in your neighborhood, try to observe that. In my area, many homeless have semi functional motor homes. Are they legit homeless, or are they “homeless oligarchs”? I can watch any of the hundreds of YouTube channels devoted to “van life.” Is a 20 year old who skipped college which their family could have afforded, and is instead living in an $80k van and getting money from streaming a “legit homeless”? The world is not so black and white it will turn out in the long run.



Many of those semi-functional motorhomes are actually owned by a particular type of slumlord (vanlord) who rent them out to homeless people.

https://sanjosespotlight.com/san-jose-to-crack-down-on-rv-re...




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