Re: There should be a price cap on housing costs to prevent people from being priced out in wake of Amazon move
Posted by:
Not Gonna Happen
()
Date: January 11, 2019 02:32PM
Noble American Wrote:
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> What tends to happen to current residence of a
> city when prices go up is they are "priced out" of
> their home. This does irreparable financial damage
> to the household and to the area itself. There
> should be a price cap on homes in the area to
> compensate for Amazon's impending move which will
> assuredly raise living costs astronomically.
> Current residents living in rented homes should
> not see rent increase. They should have their
> prices locked in at their current rates so as to
> prevent them from having to move.
>
> Home prices should be capped to a certain amount,
> depending on number of rooms, bathrooms and square
> feet. It's absurd to see these cookie cutter town
> homes in Arlington going for upwards of $800K.
> Homes like that should not cost more than 5-600K.
>
>
> Anyone who could lose revenue because of this will
> be compensated by a tax break at the end of the
> FY.
HAHAHAHAHA! And if you’re a Trumptard, WAAAAHHHH!
Signed,
Rich liberal homeowner and landlord