@SAFmedia she got suckered into debt without the ability to make any real gains. Stupid people program
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below market rates? Communisim?
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@SAFmedia What is the difference between this and welfare housing? Proof that welfare system is expanding, not contracting -
Welfare housing: limited to low-income, rent is 30% of your income, you don't own it, you must leave if your income rises, etc.
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I understand but everything you listed also applies (or is similar) in this case, no?
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Not quite. Welfare housing is rented. (BMR means when you sell your home, you get the money).
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assuming gov't sets the selling price above the price you bought. I some how don't trust bureaucrats to determine my equity
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Sure! As noted in the story, here is the formula they use to determine price when buying and selling http://bit.ly/29z9X37
End of conversation
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Every developer in California is supposed to make part of their projects for median income individuals
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@SAFmedia an article about SF's failed housing lottery. Bullshit clickbait -1Thanks. Twitter will use this to make your timeline better. UndoUndo
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@SAFmedia another indentured servant program in the country's most liberal city. She gets all the risk none of the reward.Thanks. Twitter will use this to make your timeline better. UndoUndo
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That's great but what about the ridiculously overpriced everything else in SF. Most overpriced city in US
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Wonderful idra. Please explain them how it's done http://www.npr.org/2016/07/03/484516166/san-francisco-media-outlets-unite-to-help-end-the-citys-homelessness …pic.twitter.com/vKWImh7vLW
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how to buy a house in S. F. even if you're not a millionaire: sell everything you have, even your blood and soul
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Kevin Durants looking for a home....
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