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by ggm
1 day ago
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Without injection of new housing stock by the state, by coops or other agencies than BTR capital investors, it's highly likely to be a weaponised outcome to prove rent controls don't work. If the construction strike by commercial investors is replaced by public housing then the better outcome can emerge. |
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Aren't you just describing "the projects"[1]? Is that a better outcome?
[1] https://en.wikipedia.org/wiki/Subsidized_housing_in_the_Unit...