@kimmaicutler hollowing out of cities is CAUSED by income inequity, not by foreign investment. Treat the disease not the symptom.
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@jlassen income inequity after 1970 is fueled by globalization. http://blogs.ft.com/off-message/2013/10/25/the-one-chart-that-explains-the-world/ … - 4 more replies
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@kimmaicutler Why shouldn't your home be a private matter? Why does the public have a right to know how much you you paid or where you live? -
@tolles these aren't being used as homes.
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@kimmaicutler Same thing happened in 80s. Blame income inequality, not foriegners with money. This usually happens in "3rd world" countries. -
@jlassen income inequality is global. - 1 more reply
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@kimmaicutler for what its worth, real estate ownership is the most transparent thing in US. Every transaction is matter of public record. -
@jlassen did you read the article? - 1 more reply
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@kimmaicutler@MarketUrbanism to how much of the NYC housing stock does this apply? -
@J_AndradeFong@kimmaicutler Utterly irrelevant in most of Manhattan and all of the outer boroughs. - 2 more replies
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