seems like a pretty creative idea. pardon my ignorance, but has something like this been implemented before?
The economy
- Thread starter Rastafarian
- Start date
didn't we pass an infrastructure bill during Biden admin...something over $1.2 trillion
here's an excerpt from the NY post about the NYC housing authority:
NYCHA’s own internal data shows it takes 449 days on average – or roughly 15 months– to resolve tenants’ non-emergency repair requests like clogged tubs and broken refrigerators, compared to 370 days just two years earlier.
Some repair requests — for routine fixes like faulty pipes — remain unresolved more than five years later, according to residents.
As of last month, paint jobs took an average of 616 days to complete, electrical work 237 days, plumbing 233 days, and elevator repair 101 days.
Government run housing...I'm not sure everyone sees government inefficiency the same way I do.
You could hire a 3rd party management company like other private owners.
My idea is that the government owns and pays for it, but private entities develop and manage. Government can’t be trusted to not screw it up.
I am for solar, but not for cutting down forests for a solar farm. It needs to be over parking lots or on top of buildings.
We desperately need to fund our Navy. It's aging and we're borrowing parts from ships to repair others.
1.2 Trillion, and he wanted 2-3 Trillion more. Sinema and Manchin stopped him based on promises to Manchin. Biden flat out lied to Manchin, and Biden went public to the point that, Manchin had to hire private security to protect his family. Now, imagine what inflation would have been with that additional spending on social programs. Absolute insanity.
I'm for all kinds of energy including wind and solar. The difference is I think each one has to pay it's own way without huge subsidies.
just remember, in your plan, government is paying or is receiving below market value for it's properties. In this scenarios it's likely or at least possible, they're operating at a negative cash flow. they still have the maintenance of the properties to pay for.
No they will not be at a negative cash flow position. They are able to charge below market rent because they don’t have to cover property taxes(this is a huge number) and then they don’t need to make a profit. They make sure that they cash flow.