So it's becoming more clear where the high density development is coming from. These programs guarantee the profitability (and the loans backing them up) for all these developments and assure that the landlords suffer no market risk. The Walmarts of the world are saved from having to pay the higher wages that a true market price for housing would entail. The Left gets to virtue signal their caring while at the same time benefitting from all the government and NGO money sloshing around. Thanks for providing at least an introductory primer into a very confusing subject.
Nothing about us poor property tax payers that endures increases to our assessments and annual tax bills, all for the board of education. We get no “assistance”.
So it's becoming more clear where the high density development is coming from. These programs guarantee the profitability (and the loans backing them up) for all these developments and assure that the landlords suffer no market risk. The Walmarts of the world are saved from having to pay the higher wages that a true market price for housing would entail. The Left gets to virtue signal their caring while at the same time benefitting from all the government and NGO money sloshing around. Thanks for providing at least an introductory primer into a very confusing subject.
Nothing about us poor property tax payers that endures increases to our assessments and annual tax bills, all for the board of education. We get no “assistance”.