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Old Posted Feb 20, 2019, 1:43 AM
jsbrook jsbrook is offline
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Join Date: Aug 2014
Location: Bala Cynwyd
Posts: 3,658
The Bill Murphy Jr. article is a bit much...and that's putting it mildly. It's a shame what happened. And it seems to be because the opponents of this were incapable of thinking and reasoning.

The only legitimate argument AOC and people like her made is displacement and the area in LIC where they would be going getting too expensive for existing residents. But that's not a sufficient reason to reject them. It can also be mitigated. In Philly, we have a program called Longtime Owner Occupants Program (LOOP) which helps freeze taxes for homeowners in rapidly appreciating neighborhoods and helps them remain. It works. https://www.philadelphiafed.org/-/me...3lVwuWTshOrpVc https://www.philly.com/philly/news/g...MiLH5EQMRdjr3U https://whyy.org/segments/philly-fed...900ZjmPxhZtubM Of course, if some LIC residents instead wanted to sell for a nice profit and go elsewhere, who are we to stop them? That's actually part of the American Dream.