Californication: Home Depot Looks To Withdraw From Indefensible Oakland Location

Home Depot is considering the closure of their stores in Oakland and Emeryville California over the failure of the locals to contain blight including homeless encampments abutting the perimeter of their stores (archived). The Oakland store generates approximately 8 million USD in sales taxes annually for the city government by Oakland's own reporting. Last year a propane tank explosion rocked the encampment yet its presence persists (archived). A letter sent by a regional executive of the chain cited persistent theft and safety hazards as problems affecting the location.

Local authorities estimate housing and "servicing" their homeless of ~28,000 heads would cost 12.7 billion USD or roughly 450,000 USD per individual "serviced" by the local government.

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