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Tiny homes, built largely with philanthropic support, offer more patch than solution to homelessness WHIO TV 7 and WHIO Radio [Video]

In response to a nationwide crisis that has left more than 650,000 people without housing, 100 tiny home villages for the homeless have opened in the United States over the past five years.

That growth, from just 34 in 2019 to 123 today, represents a quadrupling, according to data collected by Yetimoni Kpeebi, a researcher at Missouri State University. At least 43% of these villages are privately funded through donations from philanthropists, businesses, and corporations, Kpeebi said.

Sobrato Philanthropies, run by billionaire Silicon Valley developer and philanthropist John Sobrato, and other groups such as the James M. Cox and Valhalla foundations have been helping to fund tiny home villages in San Francisco, San Jose, Oakland, and other expensive California cities. The Michael and Susan Dell Foundation is a key donor behind a 51-acre tiny home community in Austin, Texas. And in rural North Carolina, the Oak Foundation has supported the construction of …

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How China Is Rewiring Its Faltering Economy [Video]

Xi Jinping has a plan to fix his country’s faltering economy and offset the pain caused by the property crisis. The goal is to move up the value chain. Out with dirty, low-end manufacturing and in with new industries like solar and electric vehicles. The problem, however, is Chinese consumers aren’t spending. Also, Beijing faces a tense trade and geopolitical landscape with the US and Europe.00:00 Introduction 01:05 China’s growth story 01:54 Solar firm GCL 02:50 Hi-tech sectors04:05 Tariffs and weak consumption07:09 Model of success If you want to read more on China’s “great rewiring,” click here: https://trib.al/25srtVZFor more on Xi Jinping’s plans for the Chinese economy, click here: https://trib.al/4zPyDoh Sign up here for the Next China newsletter to get Bloomberg’s weekly dispatches from Beijing: https://trib.al/kX4Zyws--------Like this video? Subscribe: http://www.youtube.com/Bloomberg?sub_confirmation=1Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginalsBloomberg Originals offers bold takes for curious minds on today’s biggest topics. Hosted by experts covering stories you haven’t seen and viewpoints you haven’t heard, you’ll discover cinematic, data-led shows that investigate the intersection of business and culture. Exploring every angle of climate change, technology, finance, sports and beyond, Bloomberg Originals is business as you’ve never seen it. Subscribe for business news, but not as you've known it: exclusive interviews, fascinating profiles, data-driven analysis, and the latest in tech innovation from around the world.Visit our partner channel Bloomberg Quicktake for global news and insight in an instant.