Posted on 10/30/2023 9:39:28 PM PDT by SeekAndFind
Soviet style flats at 450k incoming!
Simple...make them rent-free for ten years and you have...
1. Bums
2. Homeless
3. Druggies
4. Illegal invaders
Especially if maid service, fresh linens, daily new fresh cut flowers, laundry service, drug and booze delivery, and three squares a day are included at no cost.
Reconstruction contracts likely to be awarded to the highest bidder, like usual.
Bus illegals to Rehobeth.
hahahaha
Yup.
Government solutions.
It’s really easy to spend other people’s money when you don’t have to get the approval of the Legislature.
Since the offices are empty due to business failures, where are the inmates going to WORK? Oh, right. Their only job will be to vote Democrat. Five or six times.
Sounds like a cut-rate Cabrini Green to me.
Much better to convert that $45B to ammo and ship it to Ukraine.
Cabrini Green New Deal
One has to think over this idea for a while. Empty office-buildings to be re-used?
So why are the buildings unused? Companies see no value to maintain them...since going to a smaller footprint and using home-office strategies.
Negatives here? You purchase and renovate for apartment-like homes...when there are no jobs in these locations (SF, LA, NYC, etc). I would imagine the renovation cost per unit to be greater than $250,000 per unit (you’ve already got high union cost in these urban locations).
In the end, you have some junkie in SF that you give a unit that is valued at $300,000....that $200,000 of renovation was poured into. Half-a-million spent on this and it’s turned into a ghetto within five to ten years.
Reason to go this path? Real estate owners are holding onto properties that are now worthless, and it’s a favor for the gov’t to buy their property at top-dollar.
But it's the real estate developers (oligarchs?) who are lobbying for these "Soviet style flats."
If we had a free market, developers would convert these buildings at their own expense, then sell them at market rates.
Instead, as with Big Pharma, we have Big Real Estate demanding the government buy its product. Then these apartments will be distributed to the people for "free" or at subsidized rates.
“who wants to live in them”
When the government is paying the bills after illegally entering the nation, there will be plenty of illegal turd worlders.
From
In the federal government’s 2015 fiscal year, agencies reported more than 7,000 excess or underutilized properties, according to the Government Accountability Office.
https://www.nytimes.com/2021/09/14/business/sale-surplus-federal-buildings.html
The Projects II
If the Feds gave up the 200,000,000 million square feet they do not need and converted that real estate to 1,000 square foot apartments, there would be an additional 200,000 domiciles available for living space or if the average were 650 square feet, there would be some 300,000 new homes available that would create additional tax revenue and add to GDP for services that support new neighborhoods
Preferences tor BIPOC and female (if that’s still a thing) owned companies, I presume.
$45 billion subsidy for Friends of Brandon.
Absolutely! Priorities, don’t you know.
smells like a bailout
I have started calling Biden, Moby. He is just a big white D@#k
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