4 ms·
> Paying to get in is pretty much the definition of capitalism It's not. Paying to get in like this is depriving not only OP but more importantly, the intended
by rainhacker 7y ago
> Paying to get in is pretty much the definition of capitalism
It's not. Paying to get in like this is depriving not only OP but more importantly, the intended beneficiaries of such schemes.
As the article points out, the total number of visas "may have easily claimed an entire year’s worth of visas issued under EB-5". Which leads to:
"The cap on visas also serves as a cap on available financing. If a project like Hudson Yards accounts for a whole year’s worth of EB-5 visas, it also consumes a year’s worth of financing meant for projects in low-opportunity places."
What about the 'payment' that generations of residents of Harlem made? If this was done fairly, neither the residents of low-opportunity places nor OP would feel slapped.