AlvinofDiaspar
Moderator
vultur:
The problem is - how would these buildings move from rental to owner occupied dwellings while having a socioeconomic profile that remains lower-income (i.e. those people)?
I for one wouldn't have a problem with partial conversion (either within one building, or across the area as a whole) to condos - but complete conversion doesn't sound like an affordable outcome to me.
AoD
Furthermore, by preventing prime locations like St. Jamestown from becoming owner occupied dwellings and thus providing more incentive to the residents to improve the aesthetics, safety and condition and the complex, the faux-socialists are really hurting the people they purport to care about the most. Let the free market turn SJT into the biggest affordable housing project in the city and watch the spiral benefits that would ensue.
The problem is - how would these buildings move from rental to owner occupied dwellings while having a socioeconomic profile that remains lower-income (i.e. those people)?
I for one wouldn't have a problem with partial conversion (either within one building, or across the area as a whole) to condos - but complete conversion doesn't sound like an affordable outcome to me.
AoD