Posted 1 month ago on July 28, 2020, 9:36 a.m. EST by elf3
This content is user submitted and not an official statement
Landlords, developers, non-profits have leaped on board the Black Lives Matter movement as a means to collect even greater sums of government grants and funds. It's pretty disgusting to watch them dive all over it for the purpose of continuing to raid our government coffers mostly paid for now by essential workers. For the life of me it is astonishing that rather than demand rent control we continue to allow the all white country club caste to continue to use black and people of color and the next generations as cash cows for their continued luxury lifestyles sitting by the pool and paying ten grand a month in white club member dues. It's time to command RENT CONTROL. It's time to get companies and passive income landlords out of our housing so that prices come down and the population is not forced to bid against this pre-existing ownership (often bought up before we were born when housing was cheaper) for people to own homes. Fixing home costs is the KEY to upward mobility. It is the single variant that allows people the ability to retire. Having a fixed payment is necessary as one ages and is unable to work unlike rent which increases yearly and costs much more than mortgages. While banks are prohibited from red-lining they are not prohibited from lending on homes with peeling paint and other repair situations which is often the case with homes that are affordable. (Insurance issue or whatever) So this is currently how they are still able to practice red-line lending. It is impossible for regular people to outbid the cash offers of corporations and landlords who create bidding war situations on affordable housing. They lurk in lower income communities like sharks quickly turning single family homes into rentals. On top of this as they cry foul about moratoriums they receive every write off under the sun - including capital gains rate breaks and DO NOT have to pay a commercial business tax rate. We must demand RENT CONTROL. We must limit landlords and corporations from owning all of our housing. We do not have a housing crisis in this nation. We have a LANDLORD CRISIS.