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this post was submitted on 25 Jul 2023
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Asklemmy
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With 100 billion dollars, I would spend all of it on housing to end homelessness. Let's just provide homes for as many people as possible. All of it would get spent on this if I had my way.
200,000,000,000 / 200,000 = 1 million homes.
There are about 140 million homes in the USA.
You have ~2.5 people per home in the USA.
You would essentially be able to buy everyone living in Chicago or Houston their own home per population.
Chicago, IL (Population: 2,670,406)
Houston, TX (Population: 2,378,146)
I think I would rather work with a builder for higher density housing simply because the money could be stretched further. We need to rethink the concept of housing and homes.
I think you’ve touched on a great point as to how some of the money should be spent - finding the brightest people with the best ideas and adequately funding them. Yet another folly of most billionaires is that they think they have all the answers; if you’re able to eschew that idea then you can really get some serious bang for your buck by not going full-blown Elon with the Captain’s Calls.
Bet you could buy a lot of teepees with that money and increase the curb appeal of tent cities.