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Why Are We Wasting Money on Slum Housing? (none / 0) (#6)
by nycowboy on Mon May 12, 2008 at 08:58:36 AM EST
I am opposed to any tax credit that restores properties just for low income people. We shouldn't be encouraging poverty in Albany -- which should be encouraging people to live in the city with incomes that can bring up the communities through gentrification.

There is no reason why at least part of the housing stock in Park South could not be turned into middle class or upper class housing. While maybe there should be a limited number of affordable housing stock in a neighborhood, maybe 5-10%, the majority of it should promote stable residences.

Aren't we just redoing what we did wrong with the Lincoln Towers in the 1960s?

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