Wednesday, January 25, 2012

Real Estate

There was a time when we all had to rent.
Landlords ran tenements. Landlords presided over slum housing. Housing projects sprawled beyond any agency's ability to manage them or keep them safe.
Those who could afford better apartments had to move frequently because landlords raised the
rents every year. No, they didn't put the extra money into
Landlords didn't need leases. Everyone needed somewhere to live.
Finally, tenements died.
Finally landlords were held accountable for rental properties.
Finally housing projects shrunk. Section 8 housing thrived.
Finally New York achieved rent control. Landlords couldn't turn housing into slum housing.
And still Jimmy McMillian is right: "The rent is too damned high!"

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