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nosey parker's avatar

I don't know if it's happening in NYC but low-income apartment complexes around the country are being bought up by Israeli entities and the rents raised by 40% after really insignificant "improvements" like new door knobs or cheap light fixtures, or a light paint job. As far as I understand the system, these housing complexes were built with government incentives requiring low income housing. To sell them and the new owner to charge close to 80% of a low income family's income per month breaks the law. This bait and switch in housing should be entirely illegal, in NYC or anywhere. That's taxpayer money that is going into a foreign entity's pocket (along with all the bombs and shit).

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