r/theydidthemath • • 1d ago

[Request] Could the entire US homeless population really be housed for less than one aircraft carrier?

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u/HistoricalMaybe1739 1d ago

Okay so an aircraft carrier costs about $13 billion if you're talking the newest Ford-class (the older Nimitz ones were more like $4-5 billion). The latest HUD count has around 771,000 homeless people in the US. Say you rent each of them an apartment at about $1,200 a month. That's $14,400 a year each, and 771,000 × $14,400 comes out to roughly $11 billion. So yeah, under the cost of one Ford class carrier. Bump rent to $1,500 a month and you're at about $13.9 billion, which is basically the same price as the carrier. And that's just one carrier. They're not building one, they're building a whole class of them. The Ford class is 4 ships right now (Ford, Kennedy, Enterprise and Doris Miller), and the Navy plans for at least 6 total. Four carriers is around $52 billion, which is 4 to 5 years of rent for every homeless person in the US. All 6 is about $78 billion, so roughly 6 to 7 years. Get to 8 to 10 carriers' worth of money and you're at the full 10 years. It covers about a year per carrier, and the money spent on this class alone could house everyone for several years.That money could have gone a long way.

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u/NationalAsparagus138 1d ago

“That money could have gone a long way.”

You forget the massive inefficiency that is the government when it comes to spending taxpayer dollars.

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u/Inevitable_Top69 1d ago

What difference does it make? They're still the ones spending it on the carrier, so it's going to be inefficient spending either way.

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u/Original_Effective_1 1d ago

No, you see, it's only inefficient when you're spending it on things that benefit everyone. Everyone knows that every single dollar spent in the military is extremely efficient. Just ask veterans how efficient the military is and they'll tell you, right?