YaRight
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User ID: 44270221 United States 01/03/2014 08:12 AM Report Abusive Post Report Copyright Violation | Take your pension fund, invest it in low income housing for almost zero investment return. Seems reasonable This is going to be a train wreck His plan calls for creating 11,000 units over eight years with the additional $1 billion input from the city’s $144 billion pension funds. It also includes contraction of 50,000 new units through "inclusionary zoning"—a requirement that developers build affordable homes for low- and middle-income families. I really like the words "inclusionary zoning"—a requirement that developers build affordable homes for low- and middle-income families"A requirement? FU .... watch what happens when builders are required to invest in things that don't make a decent ROI. Trust me they will past the "loss" onto private owners new construction projects Opps forget the link [ link to www.ai-cio.com] Last Edited by YaRight on 01/03/2014 08:13 AMThe most terrifying words in the English language are: I'm from the government and I'm here to help. |
YaRight
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User ID: 44270221 United States 01/03/2014 08:23 AM Report Abusive Post Report Copyright Violation | Re: Take your pension fund, invest it in low income housing for almost zero investment return. Seems reasonable The most terrifying words in the English language are: I'm from the government and I'm here to help. |