https://www.latimes.com/california/story/2023-09-14/california-homelessness-epidemic-licensed-tent-villages
The camps are managed by Urban Alchemy, the San Francisco-based nonprofit that has rapidly grown into a multimillion-dollar street services enterprise and embodies an elastic philosophy of shelter.
Aggressive marketing aligned with rising public discontent over homelessness made for a winning strategy. By 2021 it reported $51 million in revenue primarily from contracts for street outreach and shelter operations in San Francisco; Austin, Texas; Portland, Ore.; and Los Angeles.
JUST BUILD A FUCKING APARTMENT BUILDING IN THAT EXACT SPOT AND GIVE THEM HOUSES YOU FUCKING GHOULS
Same reason why more mass transit can't be built: it won't be a profitable bazinga novelty making tech billionaires richer.