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Old 11-27-2012, 12:00 PM
 
Location: Maryland
18,565 posts, read 15,873,770 times
Reputation: 6264

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Quote:
Originally Posted by Woodlands View Post
@Edward A

Yep.. unfortunately the only ones who get a "break" are the politically connected whom receive $10million tax breaks for massive downtown projects. Unfortunately the welfare cuts both ways in Baltimore.. Both corporate and social. To further expand on your Peru concept....the City could loan the money and very low rates to people to fix up or "make safe" some of these homes that are vacant and already owned by the City. The City would hold the note and the property.. if the person didnt pay.. foreclose.. sell to someone else..As neighborhoods improved.. developers will find it less risky to invest and thus not request millions of dollars in tax breaks. As more vacant houses become occupied and return to the tax rolls.. the city can reduce its punitive tax rates further increasing interest in the City and reducing developers desire to ask for a break.....
It's a market based government solution that folks across the political spectrum would have little problem with, which means it'll never happen. It cities like Detroit and Baltimore there really should be no housing authority. Pleanty of homes which could be sold cheaply to people to own for generations if need be.
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Old 11-28-2012, 07:59 AM
 
5,776 posts, read 8,865,799 times
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Quote:
Originally Posted by EdwardA View Post
It's a market based government solution that folks across the political spectrum would have little problem with, which means it'll never happen. It cities like Detroit and Baltimore there really should be no housing authority. Pleanty of homes which could be sold cheaply to people to own for generations if need be.

Well I guess this is a start..

Welcome to Baltimore Housing
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