WHOOP!'91 said:
Cepe said:
https://freebeacon.com/politics/aoc-downplays-luxury-apartment-says-everyone-should-have-one/
Quote:
Ocasio-Cortez came to this conclusion after touring a new public housing complex for senior citizens, noticing the units in the building "look just like my luxury apartment."
Quote:
She goes on to say the building is just like the new public housing development she toured. Unmentioned by Ocasio-Cortez, however, is that her current residence offers a lot more than just clean air and water.
The newly-constructed complex, built adjacent to a Whole Foods, also features both an indoor lap pool and a rooftop pool, a rooftop dog park and dog wash station, numerous gyms including a Peloton cycling studio and a yoga studio, a demonstration kitchen with a wood-fired pizza oven, private massage rooms with hydromassage beds, a golf simulator studio, a basketball court, a racquetball court, and a rooftop tennis court with a "parabolic hitting wall" in case you're alone with nobody to play with.
It chaps my hide pretty good to see the section 8 and government housing these days. Its nicer than a working person can afford. The government housing in Galveston is very nice, then you'll see private residences falling into major disrepair all over the island. What motivation does the person have to get out of government housing?
No incentive, no motivation. The incentive is to remain poor so you keep all the luxury perks and free food with minimal work.
You should see some of the "income restricted" apartments I viewed when looking for my first apartment after college.
They tell me there are income requirements, I was thinking minimum, no it was a maximum, depending on the number of bedrooms.
This was 5 years ago, a 1 bedroom in this place was $1300, more than I wanted to spend but I needed a place fast and there weren't a lot of other options. Then they said My income was too high, but I could do the 2 bedroom for $1500....????
So basically they have a system set up where they put low income households in luxury apartments. I think the builders get some massive tax incentives to make their property low income, and I think some of the renters might get government subsidies.
Having a maximum income requirement means if the person renting isn't getting a subsidy they are paying high rents relative to income and therefore have less for other goods or to save, basically keeping them poor.
If they are getting a subsidy then it means your tax dollars are paying low income people to live in nicer apartments than you or I.
Thankfully I found a much cheaper place. But definately wasn't as nice. Some government leech was probably living in those nice apartments on subsidies at a higher standard of living than I was, while the tax payers like myself have to live within our means.
In my searching I came across a few of these subsidized low income apartments and realized they are seemingly everywhere.
This screws up the local housing markets because it creates artificial scarcity. Builders take the government incentives and leave the median and above wage earners competing for fewer dwellings. This drives prices higher across the board.