New York City Converts Failed Luxury Condo Development Into Homeless Shelter
- Thread starter ByLoSellHi
- Start date
because it's available that's why and there are no other options and maybe the homeless deserve to live somewhere when obviously the wealthy are too fucking greedy to care to create a viable longer term solution somewhere in the middle.
it's a lot cheaper than buying or building a new building to do it.
what would you propose? they live in slums?
they tried that in the 70s with HUD. didn't work did it.
1. Teach them new skills, by putting them to work rehabilitating the run-down houses in the rest of the city and building the city's infrastructure, like a tunnel from Jersey to Long Island or a better subway system, or street cleaning, etc.
2. Get rid of rent control, because it is the root of the problem it was designed to fix. Rent control creates an inbalance in the supply of apartments in the city. People who have rent control never move out, this fact coupled with limited real estate in NYC pushes rent prices up for everyone who couldn't get on the rent control wagon. Rent controlled buildings are not properly maintained by their landlords and they can never be demolished to build higher occupancy buildings, thus reducing natural supply.
3. Don't give the homeless/poor luxury apartments. By doing so you are taking away their incentive to work towards something better. If I got a nice apartment like that for free I wouldn't have a reason to work for a job that pays more then 25k+ a year.
4. Fire all the teachers in the city and make them take exams before they can teach. Then pay them a performance bonus based on how well the kids do on their final exams.
5. NO guaranteed 3.5% pay increases for all city workers each year. People in the private sector are getting pay downgrades yet people who work for the city are guaranteed a pay increase! I know cops in my neighborhood who are driving brand new S-class and 7-series.
6. De-criminalize pot. We pay about $40k a year to keep a person in prison. Since most people are in prison for drug offenses it would save us a tone of money, which can be used to reduce taxes, provide job training, or build new roads.
This is just a small sampling of the things that can be done to improve life for everyone, not just the homeless.
-Neo
I doubt those in favor of this even own a Home. Let alone a Loft or Condo I paid a heavty Price for my loft in San Antonio. Fully modernized, and I was on the low end. There are upper penthouse floors that go for a Million. I would be pissed off if the building next store, Lofts in the same price range, were used to house homeless people. I don't give a rats ass if these People are "Homeless" for whatever reason.
I rather the building sit empty....for principle. Thats right, the FREELOADING MENTALITY of this Nation is outa hand.
You couldn't pay me to move back out East. The shit storm that is about to hit that region is beyond belief. Tax hikes..."Homeless Shelters" in properties that "Like Kind" properties run 300k plus.
R you f#$* Kidding me?
Let the North East and West Fall. The liberals run most the states anyways. Look at Cali.... Flat tax at 15% for State, rasing it under a "Flat Tax" curtian.
NY has now reached the tax of 50% with State and Fed. Tied with Cali. Ilinois is next.
The Smart people are moving their Factories, Their Small Business's , their Headquarters to States that have no state tax and who are "Capitalist" by nature.
Good luck ......as Oil rises and Gas prices make the run for 3-3.50 in a few weeks. Lets see what happens to the economies of the North East and West Coast.
OBAMA NATION, you voted for it!
I rather the building sit empty....for principle. Thats right, the FREELOADING MENTALITY of this Nation is outa hand.
You couldn't pay me to move back out East. The shit storm that is about to hit that region is beyond belief. Tax hikes..."Homeless Shelters" in properties that "Like Kind" properties run 300k plus.
R you f#$* Kidding me?
Let the North East and West Fall. The liberals run most the states anyways. Look at Cali.... Flat tax at 15% for State, rasing it under a "Flat Tax" curtian.
NY has now reached the tax of 50% with State and Fed. Tied with Cali. Ilinois is next.
The Smart people are moving their Factories, Their Small Business's , their Headquarters to States that have no state tax and who are "Capitalist" by nature.
Good luck ......as Oil rises and Gas prices make the run for 3-3.50 in a few weeks. Lets see what happens to the economies of the North East and West Coast.
OBAMA NATION, you voted for it!
#4 would not work, because teachers would just have the students cheat.
There was a section in Freakanomics that went over incentive based teaching and how many, many teachers resorted to cheating for said incentives.
This is absurd.
These units are marketable, jut not at the $90 per night ($2,700 per month) price that the developer is getting from the city.
This not only absurdly puts the homeless in what was intended to be a luxury-level living arrangement (which in and of itself is strange but not malicious), but it accomplishes the twin nefarious goals of punishing the New York taxpayer with exorbitant costs and subsidizing a developer who wasn't able to market and rent the units in the private market for the rents that the government is now paying (i.e. New York is rewarding, if not encouraging, private market failure).
Can you imagine being someone living near there, who pays exorbitant taxes in New York, and who had the desire and means to rent a unit in this building for a rate less than what the city is dishing out so that someone who is homeless can live there?
The goal of resolving the homeless situation is a worthy one, but this is not a rational or long-term feasible way of doing it.
These units are marketable, jut not at the $90 per night ($2,700 per month) price that the developer is getting from the city.
This not only absurdly puts the homeless in what was intended to be a luxury-level living arrangement (which in and of itself is strange but not malicious), but it accomplishes the twin nefarious goals of punishing the New York taxpayer with exorbitant costs and subsidizing a developer who wasn't able to market and rent the units in the private market for the rents that the government is now paying (i.e. New York is rewarding, if not encouraging, private market failure).
Can you imagine being someone living near there, who pays exorbitant taxes in New York, and who had the desire and means to rent a unit in this building for a rate less than what the city is dishing out so that someone who is homeless can live there?
The goal of resolving the homeless situation is a worthy one, but this is not a rational or long-term feasible way of doing it.
You cruel, selfish, greedy pig! Don't you realize how much they deserve such largess? You know, I mean, they are (well, WERE) HOMELESS!
