The city is currently buying up several houses with plants to redevlop and sell them.
But I know that many of these houses are being sold at below the market value.
The logic behind this is that fixing up these houses would improve the overall look of the community. Also, it would provide for a better living environment since the houses will be fixed up and in better condition.
My question is...
How did these houses be allowed to deteriorate in the first place?
Why is this allowed?
Because of the type of people who live in them?
If you pay cheap rent does that mean that you can't live in a decent, healthy place?
How are the developers chosen to fix up these buildings?
--this is the most interesting fact we need to find out.
I heard rumors that development rights to some of the places were getting preferenced to certain people..and were cutting out competition.
If you look at development from a business standpoint, fixing something up cheaply and then selling it or renting it at a much higher price would be the money making strategy here.
If a city pressures someone into selling, at a below value price, then selling it or renting it out for considerably more...isn't there something fishy here?
If you watched the recent common council meeting, Susan Kepplinger and the city council don't look like they get along very well.
This is something we should look up on.
The Near East redevelopment plan is part of the great city redevelopment plan tha tis currently the size of a book.
posted by Oshkosh Music Scene @ 3:27 PM
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