In San Francisco is equally bad. In the morning @7am you see so many people sleeping on sidewalks like sardines, it's pretty sad considering it's a rich city.
Can you imagine the city with double the homeless?
Although certainly not a perfect system and could be improved, be careful not to throw the baby out with the bathwater.
It's a city where you need to be making >$100k/yr to even get a 1 bd apt.