Throw money at it
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Throw money at it (by RentsDue [MA]) Apr 6, 2021 4:56 PM
       Throw money at it (by NE [PA]) Apr 6, 2021 5:32 PM
       Throw money at it (by RentsDue [MA]) Apr 6, 2021 6:00 PM
       Throw money at it (by Elena [PA]) Apr 6, 2021 6:15 PM
       Throw money at it (by J [FL]) Apr 6, 2021 8:59 PM
       Throw money at it (by Robert,OntarioCanada [ON]) Apr 6, 2021 9:16 PM
       Throw money at it (by Allym [NJ]) Apr 6, 2021 9:46 PM
       Throw money at it (by JB [OR]) Apr 6, 2021 9:49 PM
       Throw money at it (by Robert,OntarioCanada [ON]) Apr 7, 2021 6:54 AM
       Throw money at it (by NE [PA]) Apr 7, 2021 8:07 AM
       Throw money at it (by J [FL]) Apr 7, 2021 9:16 AM
       Throw money at it (by NE [PA]) Apr 7, 2021 9:18 AM
       Throw money at it (by Busy [WI]) Apr 7, 2021 9:32 AM
       Throw money at it (by J [FL]) Apr 7, 2021 9:40 AM

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Throw money at it (by RentsDue [MA]) Posted on: Apr 6, 2021 4:56 PM
Message:

It was announced today that Massachusetts is getting 16.9 Million in federal money to construct and / or repair affordable housing units to help with the housing shortage the “ most vulnerable “ voters are facing. Supposedly there are dozens of shovel ready projects ready to go.

The Housing Trust Fund has supported the construction or rehabilitation of 775 rental units nationally since 2017. This year’s funding is expected to produce more than 5,400 additional affordable units.

So , in the past 31/2 years they have constructed or rehabbed 775 units. So about 250 per year. This year, they want to do 5400. Got to give them credit for being ambitious. The best part is that it will likely all be prevailing wage work. That’s probably the only way to get anybody to go back to work now. Nothing fixes an affordable housing problem like paying 3X the going rate to build it. I do hope it works out.

--75.133.xxx.xx




Throw money at it (by NE [PA]) Posted on: Apr 6, 2021 5:32 PM
Message:

So they are fixing the problem that they created? Most likely on purpose? What could go wrong? --70.44.xxx.xx




Throw money at it (by RentsDue [MA]) Posted on: Apr 6, 2021 6:00 PM
Message:

Exactly NE --75.133.xxx.xx




Throw money at it (by Elena [PA]) Posted on: Apr 6, 2021 6:15 PM
Message:

Key word here is "voters". They are terrified of 2024, want a sure bet. --108.2.xxx.xxx




Throw money at it (by J [FL]) Posted on: Apr 6, 2021 8:59 PM
Message:

Shovel ready jobs...always makes me think of manure. --72.188.xxx.xxx




Throw money at it (by Robert,OntarioCanada [ON]) Posted on: Apr 6, 2021 9:16 PM
Message:

There are always a big announcement about the number of non profit rental units the government is building when in reality that number is so small compared to the number of rental units required. As a result of a hostile environment in the province of Ontario where a rent control system is where the annual operating costs go up more then allowed rent increases along with two tier rental dispute process called the committee of social justice where the government rental unit tenants are easily evicted along no help from advocacy groups. If you poison the environment then there is simply no investment in new rental apartment complexes where the private sector here is building condominiums, houses, town houses and commercial buildings. If thousand of rental units are being lost every year where many have cash out of the secondary rental housing market of houses, townhouses and condominiums. --99.236.xxx.xxx




Throw money at it (by Allym [NJ]) Posted on: Apr 6, 2021 9:46 PM
Message:

The government just sent NJ six million dollars. No one knows what it's for and the only instruction was that it was not to be used to lower our property taxes. I pay 8 K per year on the biggest one. --108.24.xx.xx




Throw money at it (by JB [OR]) Posted on: Apr 6, 2021 9:49 PM
Message:

Yes, you have got to bribe your deadbeat voter base or they might sell their vote to the next giveaway candidate.

What a great system when those who don't have to pay the taxes get their politicians to do all their bidding. --73.25.xx.xxx




Throw money at it (by Robert,OntarioCanada [ON]) Posted on: Apr 7, 2021 6:54 AM
Message:

Living in a province and country that has universal health care which is paid for with higher taxes. On the one hand everything is predictable while on the other realize that everything here is more expensive. Eventually universal health care will become the norm everywhere else where modern medicine is not free as Bernie says. Saying that governments will have decide what is more important then building non profit rental housing. If one wants to see what the future if the government becomes sole rental housing provider then view some You Tube videos about TCHC rental housing which has reputation for being the largest slumlord in Canada. A nice place to work where one time at the HD store a truck with TCHC housing was parked for four hours where the person was sitting there. That would occur with a private sector rental housing provider. The difference between private and public is more dollars of rent are used to repair, renovate rental units along more efficient heating plants are used where investment in energy efficiency are used. In other words private sector rental units are more better for environment with less of a carbon foot print. Suppose in stead of sitting parked there for four hours would be cleaning all fins in the copper finned radiators there would a considerable energy saving. --99.236.xxx.xxx




Throw money at it (by NE [PA]) Posted on: Apr 7, 2021 8:07 AM
Message:

At this point, we have to provide housing to people who are their way up in life. They should leave your units and buy houses. The low class tenants will not survive this. They are going to be under the boot of the government forever after the scamdemic is over. I think if a landlord wants to limit the amount of gestapo involvement in their business they have to keep low end people out.

There may be opportunity still in providing housing to these people with government backing, but the amount of hoops that you're going to have to jump through going forward are going to be unlike anything we've ever seen in the past. I don't see us going back from the way they want things changed.

THANKFULLY, there are people who don't want to live in government housing and be a slave. THNKFULLY, there are still people who want to better their lives. I want them as my tenants. --70.44.xxx.xx




Throw money at it (by J [FL]) Posted on: Apr 7, 2021 9:16 AM
Message:

Am I the only one who thinks there will be a backlash to all this eventually -- from the tenants?

If their choices are slowly reduced to affordable housing from government, or housing from private mega hedge fund type operators, they will come to see that their new options mostly suck. --72.188.xxx.xxx




Throw money at it (by NE [PA]) Posted on: Apr 7, 2021 9:18 AM
Message:

No J, it is done incrementally. --174.198.xx.xxx




Throw money at it (by Busy [WI]) Posted on: Apr 7, 2021 9:32 AM
Message:

Well said, NE. Well said. And scamdemic is perfect. This has certainly been a HUUUGE example of Never let a crisis go to waste.

--70.92.xxx.xxx




Throw money at it (by J [FL]) Posted on: Apr 7, 2021 9:40 AM
Message:

Yeah you're right by the time everyone notices this it will be too late to change it. --72.188.xxx.xxx



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