5 Matching Annotations
  1. Apr 2019
    1. A home provides stability and financial predictability

      Financial crisis? Only 10 years ago?

    2. one way that localities could qualify for grants under the Warren bill is by implementing rent stabilization or rent control.

      By making sure renters stay where they are and that landlords cannot get market rent for their properties, it will discourage the building of rental units and encourage the selling of existing rental units.

    3. first-time homebuyers

      Why only first time buyers? Why not renters? If they have been actively disadvantaged by predatory policies in the past, aren't they likely to need more assistance? Also, is this what she means by 'reparations'?

    4. this policy would stand in the way of homes being adapted to meet new needs

      In circumstances where it makes more sense to rent, and there is a potential renter, why prevent that transaction from taking place?

    5. sold to new owner-occupants, rather than to landlords who would rent them out

      Isn't it the owner's property? Why shouldn't they get to decide the highest value use of the property? The bank would sell or rent the foreclosed precisely TO profit from it, especially if the previous owner is no longer able to make payments on the bank; they are losing money on the property if nobody is paying...?