Sure. On the other hand, arresting 11 specific people reduced bike theft by 90% in London: https://www.itv.com/news/2024-02-26/a-police-sting-uncovered...

When crime gets to the point where a police tactic as simple as "putting out a bait bicycle, waiting for it to get stolen, and then following it to a warehouse of stolen bicycles" results in a huge reduction of actual crime committed, then maybe the solution isn't purely about wealth inequality.