Add to that California's very high cost of living and tight/expensive housing market which making it very easy to fall from employment and housing to homelessness, coupled with the country-wide massive drop in home ownership, skyrocketing housing costs, near total stagnation of wages for lower classes, and unprecedented concentration of wealth.
I don't know why anyone is shocked that the US homeless population is skyrocketing. The powers that be seem hellbent on solidifying a peasant class.
Right now the housing market is being snapped up at lightning pace by corporations; it may not be long before it's nearly impossible to own a house outright that your family doesn't already own, but even keeping a house within a family might soon be very difficult as well....with the only option being to rent from a giant housing corporation.
And everyone thinks HOAs are bad...just wait.