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Metropolitan DC Local Politics
Reply to "Several Affordable Housing Developers Are on the Verge of Collapse"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Let them go bankrupt and just demolish the buildings once they get repossessed for unpaid property taxes. Provide dispossessed people with one way bus tickets to very liberal jurisdictions like NYC that believe housing is a "human right". [/quote] If we don't treat housing as a human right, then we end up looking like Florida with its sidewalks and parks full of homeless people.[/quote] You know what I believe housing is a human right that you have the right to get up every day and work for, just like everyone I know does. I am not of the belief that people are not capable of providing for themselves. When I could afford less I had roommates, lots of roommates, was it idea? No! But that's what I had to do to have a roof over my head, I am not interested in paying for others housing. [/quote] I agree with this. Every human has the right to get up and work for their housing, as well as move to another area if one area is too expensive. I have the right to live somewhere, but I do not have the right to live anywhere I want regardless of my ability to pay for it. This is 100% on DC’s permissive tenant laws that disincentivize anyone from building, owning, or operating affordable housing. That is why there is a shortage and there will continue to be a shortage because no one will build it when tenants essentially don’t have to pay.[/quote] There is no apartment shortage. I agree with you about the tenant laws and how that impacts the apartment rental market but it does nothing for the affordable housing people want because the profit margin is low for the amount of capital needed. [/quote] The profit margin would be more sustainable if tenants paid their rent, or failing that, were allowed to be evicted in order for a paying tenant to move in. [/quote]
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