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Wednesday, August 14, 2013

DOUBLE THE PLEASURE

I want you to think a little bit. Time to put your thinking caps on. Think property values and two different scenarios: 1). What if Section 8 houses had of went in at BROOKLINE AND 2). A NEW SCHOOL. Where would that put the value of the abutting and nearby parcels?

Factor in this is a big election year and take a look at this excerpt from an e mail:

Another thing to keep in mind is that the taking of the Brookline site solved a difficult political and legal problem for the City. The owners of the property were proposing to build a significant apartment complex on the prop
erty. Although they claimed it would be occupied by higher end, market rate renters, both City officials and neighbors were skeptical and concerned that the site would end up servicing a lower income, section 8 population, which would negatively affect the neighborhood. In addition, there were legal concerns that the City might not be able to prevent the proposed project from going forward. The takings eliminated these problems by providing a property use that was politically more acceptable to City officials and neighbors.

STILL THINK IT'S"ALL ABOUT THE KIDS?".

1 comment:

  1. It was never about the kids! If any one of the decision makers had to send their child there, they would think twice before putting that school there! Is it ok since 60% of the students are latinos and who cares about latinos near the tracks? pfft

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