The Joint Center for Housing Studies at Harvard University recently issued a report on investor activity in Atlanta. Not surprisingly, the study found that investors were buying up property in neighborhoods where poverty and vacancy rates were high, and median home values were low.
A group of Montgomery County legislators have introduced a bill that has the slumlord lobby up in arms — the bill proposes Maryland property owners who own four or more rental units should be subject to rent control. It also mandates that landlords cannot force tenants to make them the beneficiary of renters’ insurance policies. These two things are definitely worth supporting. Unfortunately, the bill is a bit of a mishmash, with other landlord-tenant issues thrown in — not sure where it will end up.
Some New York City landlords have found a way to make money off the homeless, by operating for-profit SROs/rooming houses — and needless to say, the living conditions are less than acceptable.
I’ve always been fascinated with Centralia, PA — a mostly-abandoned town situated on top of a coal fire that’s been burning for decades. WGAL has a “then and now” slideshow that’s worth a look.
How to be successful in Maryland politics: Give your campaign contributors lucrative development contracts. Just don’t get caught…
CBS Baltimore reports that a recent house fire, in which one woman was found dead in the basement, was more than just a simple house fire.
So now the Mayor wants you to pay for trash pickup? I thought property taxes paid for that, but…perhaps I was wrong. Oh, and the City is dicking around with the Fire Department again. It’s all about solving the budget crisis, I guess so we’ll have more money to give to local developers.
Speaking of the budget, how would you balance our completely out of whack budget? There’s a website for that.