Funneling nearly a million bucks per homelessperson-head into the pockets of politically connected developers is not "improving the world", unless you happen to be one of the developers. The quanta of utility that they get from this will be much larger than any homeless person who gets a dwelling out of it, especially since they most likely need medical and supervised psychiatric treatment more.

My ability to see that LA is not actually looking for a solution, leads me to want to capture some of the cash they are foolishly setting fire to in order to prolong their problem.

Also, my socioeconomic status is such that I could really use a half-mil, tbh.