All other argumentation is making up for the fact that you are paying exorbitant amounts of money for a tiny crowded space and can't afford a house. It is a social and political failure, not something to be celebrated.
In Victorian times you could pay a few pennies to hang over a rope with your fellow bums, or sleep in a coffin. 200 years later in the Bay you can do the same thing for a 100 times the price and people will actually relish the experience. This is slum tourism at home.