Friday, December 28, 2018
TKC EXCLUSIVE!!! KANSAS CITY LOW INCOME HOUSING 'RENT CONTROL' THREATENS LANDLORDS IN 2019!!!
Housing in Kansas City confronts a systemic change in the works for 2019 that could transform the local real estate game forever.
To wit . . .
KANSAS CITY PROPERTY OWNERS WARN VOTERS AGAINST 'RENT CONTROL' LEGISLATION UNDERWAY IN 2019!!!
Accordingly . . .
THE CONSEQUENCES OF THIS 'AFFORDABLE HOUSING' EFFORT THREATEN THOUSANDS OF LOCAL SCUMBAGS AND SLUMLORDS!!!
Hence . . .
UPCOMING VOTES ENDANGER THE KCMO LOW INCOME HOUSING MARKET WITH HIGHLY POLITICIZED AND FAR-REACHING CITY HALL LEASING REGULATION!!!
We previewed this 2018 housing crisis hot mess that's only getting worse when as our blog community is now FIRST to present this local journalism breakthrough. A good portion of the effort is actually hidden in plain view in Councilman Scott Wagner's affordable housing tax along with the work of Councilman Quinton Lucas to establish a housing trust. Moreover, the response from middle-class Kansas City and pundits has been generally supportive -- Probably because they don't realize rent control does more harm than good, even on the low-end.
As always, we credit KICK-ASS TKC TIPSTERS for this tidbit which offers a glimpse at how candidates for Mayor are looking to please both po'folk and progressive voters with historic regulation that will push private property owners out of the real estate game.
Egro, here's the word . . .
"Kansas City has never seen anything as dangerous as the Housing Trust devised by Councilman Lucas or Councilman Wagner's Housing Sales Tax ordinance authorizing "affordable housing programming" which are both just clandestine attempts to mandate rent control for low income housing.
"In other cities Housing Trusts have imposed the same regulation which they've justified under "programming" language and it has bankrupted or forced a sale from anyone who owns smaller properties. Even worse, they know exactly what they're doing. They're basically putting all low income housing under government control and placing incredible restrictions on landlords.
"I don't own property but working with City Hall I can see the negative impact of these efforts will have upon KC because so many people have made their living through smaller, modest real estate and now that line of work will essentially be driven out of business in the name of "affordable housing" that is almost completely subsidized by the government. This is a devastating prospect and what troubles me even more is that the media is letting these efforts move forward without any questions."
And so . . .
MIDDLE-CLASS SUPPORT FOR KANSAS CITY 'AFFORDABLE HOUSING' THREATENS TO MAKE LIFE EVEN HARDER ON LOW END PROPERTY OWNERS CRITICS CLAIM!!!
In conclusion . . .
INSIDERS WARN THAT 'HOUSING EQUITY' RHETORIC ACTUALLY WORKS AGAINST NEIGHBORHOODS BY MANDATING QUESTIONABLE GOVERNMENT CONTROL!!!
In essence, this local push for a federal housing takeover abandons any hope of grassroots improvements by the community and puts the fate of the urban core housing in the hands of the Feds which is always a risky proposition.
There's still a lot to debate on this topic but our TKC blog community offers this BREAKING NEWS FIRST whilst other newsies present only the cleaned up version of how the KCMO housing crisis has been exploited by KCMO mayoral hopefuls.
Developing . . .