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2 yr. ago

  • It won't take 20 to 25 years for landlords to find other uses for their buildings. That's a lot of wasted profit, which is why they're pressuring the government to give them handouts to do it now.

    I'm fine with tax dollars going to cheap housing. I'm not fine with landlords maximizing profit off of the rent charged to tenants when tax dollars were used to renovate the building.

    I think a fair alternative would be to have a significant tax on any profits these buildings make as a result of government handouts. There should also be rent caps so they don't just charge 'what the market will bear,' which is maximizing profit off of government handouts and people who can't afford real estate.

    This is a good balance between landlords maintaining their egregious paydays and paying back the government handouts they rely on.

  • Weird how we're using tax dollars for someone else's investments, lol.*

    I guess it would make sense if the buildings were publicly owned, but instead they're going to be owned by someone who charges as much rent as possible while expending as few resources as possible to do it.

    *not weird at all. The one time democrats and republicans unite on anything is when we're funneling money to the ruling class.

  • It's awful news.

    It would be great news if the housing was owned by the public.

    This is just funneling public money to private businesses so the private businesses can continue to profit off the public.

    $45 billion so landlords can charge people rent. Great. So they get the handout for free, and the rent for free. Just free money all around, lol.

    But taxpayers and tenants will be paying.

  • Society? No. All globalization has done is ensure as many people as possible are working for as few people as possible.

    Humanity? Absolutely. We could see a return to tribal culture where people work for each other instead of the ruling class.