San Francisco homeless population rises amid tech IPO boom
The number of homeless people in the city, where the cost of living is more unaffordable than ever, has increased to 8,011
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.