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More facts that #YIMBY just refuse to acknowledge. This is “the market at work.”
#ItsTheSpeculationStupid #SB827 #HousingIsAHumanRight https://www.crainsnewyork.com/real-estate/investors-purchased-majority-affordable-homes-2017
#ItsTheSpeculationStupid #SB827 #HousingIsAHumanRight https://www.crainsnewyork.com/real-estate/investors-purchased-majority-affordable-homes-2017
“62% of affordable homes—which it defines as a property a household making the median income could purchase w/a mortgage—were purchased mostly w/cash n ‘17 by limited-liability companies, frequent buyers of homes, or entities that flipped the property w/in a yr” #YIMBY
Effective affordable housing policy must at its core curb speculation in overpriced markets.
The entire conversation about upzoning & building more, conveniently ignores this entirely!
#YIMBY #SB827
The entire conversation about upzoning & building more, conveniently ignores this entirely!
#YIMBY #SB827
Every sane person should question the sincerity of any politician, housing org or academic who says they care about making housing more affordable + who talks building more & upzoning, but refuses to recognize the role of speculation. #SB827 #HousingCrisis #YIMBY @Scott_Wiener
Take a look at the housing agenda of the @Scott_Wiener & #YIMBY of the world & you see a very Republican-like/neo-liberal agenda to deregulate an already powerful industry and remove protections from the most vulnerable & working class, all under the guise of “equity”. #SB827
I dont expect the bastard billionaires who crashed the global economy & evict widows to change their ways. But I do expect self-identified progressive politicians & orgs to push policy to protect the vulnerable & curb the incessant harmful greed by the investor classs. #YIMBY
How on the economic justice issue of our time these folks maintain the “progressive“ label while pushing an aggressive upzone the ‘hood agenda + holding neutral/oppose positions on moderate tenant protections like #RepealCostaHawkins #YesOn10 ...
#YIMBY @Scott_Wiener
#YIMBY @Scott_Wiener
. @dillonliam this is why despite millions in public relations, millions more in free media, dozens of studies by paid-off and/or neo-liberal academics/institutions the public isn’t buying the “just build more housing” mantra.
People can’t ignore their “lying eyes.”
People can’t ignore their “lying eyes.”
