How to End the Housing Crisis and Take Back the Land
In the wake of record foreclosures and a gentrification crisis, communities are wringing hands and gnashing teeth in the fruitless pursuit of government assistance for housing. And the great irony of this housing crisis is that there is no shortage of either housing or government money.
In Miami, considered the epicenter of the housing bubble and a top region in the nation for foreclosures, several municipal governments voted to use $3 billion of public money to fund a series of unpopular, questionable, and secretly negotiated projects utilizing public land without the input of the actual public. Politically connected developers are expected to win virtually all of the contracts. Not surprisingly, during the brief discussion before votes to approve these projects, no elected official proposed building housing for those in need.