$8.2 Billion from the President’s Investing in America Agenda to Deliver Transformative Passenger Rail in America President Biden’s Investing in America Agenda – a key pillar of Bidenomics – is delivering world class-infrastructure across the country, expanding access to economic opportunity, and creating good-paying jobs. By delivering $66 billion from the Bipartisan Infrastructure Law –…
I don’t need a train. I need rent that isn’t 60% of my take home, or, better yet, a house. What’s that? NYT is saying that’s never going to happen and that I should just be okay with it. Oh and the economy’s doing great.
Housing subsidies raise the overall cost, and the middle class still gets to pay the bill. It has its place for low incomes, but it’s counterproductive when done too broadly. I’m definitely in favor of taxing investment real estate though.
Most of the things that would improve the housing market would be done at the city level. Getting hedge funds out of owning houses would be nice, but zoning and higher density are things done by your local city council.
I am surrounded by hundreds of empty units owned by a few multinational corporations subcontracting out their properties to the same management firm. They all use the same profit maximizing algorithm with a shared database. It’s very illegal. I don’t think a city could win a fight against a single billionaire, let alone a legion of them. I don’t see my city even trying. Right now some tenants across the country are suing, which is an even more damned approach. This needs a federal stick.
I don’t need a train. I need rent that isn’t 60% of my take home, or, better yet, a house. What’s that? NYT is saying that’s never going to happen and that I should just be okay with it. Oh and the economy’s doing great.
We should have both. The trains will do a lot for regular people, and so would bringing back capital gains taxes.
What did your want Biden to do about your rent?
Put capital gains tax on housing investments. Divert all cash from a pie in the sky train program for housing subsidies.
Housing subsidies raise the overall cost, and the middle class still gets to pay the bill. It has its place for low incomes, but it’s counterproductive when done too broadly. I’m definitely in favor of taxing investment real estate though.
This “pie in the sky” train system is currently using like none of the federal budget. Find something else to cut money from.
Read the news. There’s a few things being tried, but one guy can’t unilaterally do everything, even if you’re president
Most of the things that would improve the housing market would be done at the city level. Getting hedge funds out of owning houses would be nice, but zoning and higher density are things done by your local city council.
I am surrounded by hundreds of empty units owned by a few multinational corporations subcontracting out their properties to the same management firm. They all use the same profit maximizing algorithm with a shared database. It’s very illegal. I don’t think a city could win a fight against a single billionaire, let alone a legion of them. I don’t see my city even trying. Right now some tenants across the country are suing, which is an even more damned approach. This needs a federal stick.