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"You might think that I am off base, but I am published by the Securities and Exchange Commission."

Thomas Paul Murphy

Friday, February 16, 2024

Affordable Housing Real Estate Moguls 02 16 2024

 Enough of those half filled office buildings.  Enough of that buy a skyscraper and borrow from that asset immediately in order to buy another skyscraper.

I would change all the loop holes in order to eliminate that.

But what if you could instead create housing for the homeless?  And the people who created that long lasting, viable and maintained structures are the ones who got rich?

I am not talking about rich slum lords.

A slum lord buys properties cheap, doesn't maintain them, raises the rent and creates a necessitated economic drain and also a "blight community."

I am talking about legislation that prevents that from happening.  But also legislation that creates clean fair housing for the poor.

And perhaps there need to be non alcohol use requirements for that housing?

But just think of the logic thread of it.  The person creating homes for people to live in should be the one getting rich anyway?  Not the one creating empty office buildings that serve as a western facade or front for something horrible.

And perhaps there can be an element of art to it to?  Instead of a mega architecture firm making the money for the design the starving artist draws what unique features it (building) could have and it is drafted.

What I am getting at is eliminating economic funnels that funnel all the money to one bad person of a wiccan overseas religion?  And perhaps there needs to be more legislation to keep our good money in our good nation.  Our good money being attributed to our good Constitution and not a good ole boy network of criminal nepotism.

© 2024 Thomas Paul Murphy

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