Surplus at the top helps people below who aren't competing with them for inferior units, and on down the line
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Replying to @tim_mulshine @rolandlisf
I know. But we're still in a situation where there are not enough public $$$$ for the lowest-end of the market.
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do you mean just the general problem of housing insecurity in the US?
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It's especially bad in California, given loss of Redevelopment and..complications w/ density bonus program
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those are both sources of money specific to California though. other states fund more?
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Replying to @eean @rolandlisf and
HUD losing money over the years is a general issue eveyrwhere
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Replying to @eean @rolandlisf and
prior mass Federal involvements in urban housing often didn't turn out well.
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Replying to @tmccormick @rolandlisf and
not sure gradual disinvestment is working out
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Replying to @eean @kimmaicutler
HUD outlays, rental households substantially grew 1970 on
#Thompson2006 http://content.knowledgeplex.org/kp2/cache/documents/4941/494111.pdf …pic.twitter.com/YimkPV99fT
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the subsidy housing/bldg industry would prefer to hear and tell a different story, attribute all to loss of Fed funds
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but what caused the budget to go up so much? What was that spent on instead?
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Replying to @kimmaicutler
I'd have to look into that more. http://Cash.me/$tmccormick1 what you'd value it?
#coopjourno#platformcoop c/@ntnsndr@loconomics0 replies 1 retweet 1 likeThanks. Twitter will use this to make your timeline better. UndoUndo
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