[thread 2/x] affordable housing | private equity, corporations, corporate greed, inflation, profiteering
parent: https://mastodon.social/@persagen/110543876769745739
#AffordableHousing #rentals #ShortTermRentals #Airbnb
#corporations #PrivateEquity #profiteering #CorporateGreed #inflation #libertarianism #billionaires
#RealPage #ThomaBravo #AlgorithmicPricing #antitrust
#HumanRights #homelessness
U.S. DoJ Sues U.S. Landlords re: Rental Market Price-Fixing
https://www.propublica.org/article/justice-department-sues-landlords-alleged-price-fixing-realpage-rent
* use RealPage pricing software to collude/raise rents
RealPage: https://en.wikipedia.org/wiki/RealPage
* Am. prop. management software
* owned by private equity firm Thoma Bravo
* algorithmic rent setting/antitrust violations/price fixing
#AffordableHousing #rentals #ShortTermRentals
#corporations #PrivateEquity #profiteering #inflation
#RealPage #ThomaBravo #AlgorithmicPricing #antitrust
#HumanRights #homelessness
Federal prosecutors allege that the landlords have used RealPage pricing software to collude and artificially raise rents. The legal action is the latest development stemming from a 2022 ProPublica investigation.
[Canada: Nova Scotia] Dartmouth family must leave rental unit after Supreme Court overturns previous decision
https://www.cbc.ca/news/canada/nova-scotia/supreme-court-landlord-tenant-carlo-simmons-1.7427437
* property owners to move daughter into unit after winning appeal
* N.S. Supreme Court allows property owners in Dartmouth N.S. to remove family of 6
* ends tenancy of family renting the unit 13 yrs
* small claims court adjudicator last May noted shortage of other housing options
#Canada #NovaScotia #housing #AffordableHousing #injustice #capitalism #inflation
A family of six in Dartmouth will have to find a new place to live after a court decision overturned a ruling that said they shouldn't be asked to vacate the duplex they're renting. The landlords are now free to take possession of the unit for their daughter.
[Chip Wilson (Lululemon) funded] Ken Sim Is Wrong: We Need More Supportive Housing, Not Less
https://thetyee.ca/Opinion/2025/01/29/Ken-Sim-Wrong-Supportive-Housing
https://vancouver.ca/files/cov/mayor-announces-major-initiatives-to-revitalize-the-dtes-at-save-our-street.pdf
https://en.wikipedia.org/wiki/Downtown_Eastside
* plans to stop new supportive housing in Vancouver, British Columbia, Canada
* DTES Local Area Plan has preserved low property values/encouraged social housing for last 10y
* will hurt people/business/city
#CanPol #Vancouver #ABCvancouver #KenSim
#capitalism #billionaires #ChipWilson
#poverty #homelessness #AffordableHousing
/1 Mayor Ken Sim Announces Major Initiatives to Revitalize Downtown Eastside
at Save Our Streets Forum
https://vancouver.ca/files/cov/mayor-announces-major-initiatives-to-revitalize-the-dtes-at-save-our-street.pdf
* echos of billionaire Chip Wilson's "Vancouver Is Dying" prop/copaganda film that helped elect Ken Sim
* echos of Joe Lonsdale's Cicero Institute (model bill generator, e.g Reducing Street Homelessness act model legislation)
...
https://mastodon.social/@persagen/110874005527997320
https://mastodon.social/@persagen/113476849446929581
...
/2
* demonization of homelessness; addiction (public health not criminal issue)
"... crackdown on organized crime & gangs operating in DTES. This initiative
aims to address street-entrenched violence by dismantling criminal networks
that exploit vulnerable residents & undermine community safety"
* crime due to socioeconomic erosion, lack of support/services, not poverty
* I live here: sobering poverty in wealthy city/10th wealthiest country
* never had any issue w. homeless population/addicts
/3
* populist shilling/rhetoric by Ken Sim (Pierre Poilievre, who only recognized M/F binary genders btw ... echos of Trump2 transgenocide)
* gets parties elected, w/o offering solutions
* ... also due to incumbent governments NOT addressing pressing social issues:
poverty, food security, inflation, housing, employment ...
Needed:
* less capitalism/outsourcing of services
* social democracy: https://persagen.org/wpi/docs/social_democracy.pdf
* platform costing
* increased taxation
* gr. transparency/accountability
While Wilson "loads up on Vancouver properties" through his family's Low Tide Properties company. Old article (May 2016), but very relevant. #VanRE
Didn't Wilson back Sim's campaign in Vancouver?
https://www.biv.com/news/real-estate/lululemon-founder-chip-wilson-loads-vancouver-prop-8246300
Victoria Stuart 🇨🇦 🏳️⚧️
