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Paywalled but judging by the headline, it's honestly an interesting and great idea. Pay the hotels so they can survive, create a conversion plan with certain st
by syntaxing 7y ago
Paywalled but judging by the headline, it's honestly an interesting and great idea. Pay the hotels so they can survive, create a conversion plan with certain standards (Changing all filters to MERV-13 or something), and start auditing the process.
- mistrial9 7y agoyeah - except surplus profits for decades built more destination vacation sites, luxury hotels and shopping malls, and not rank-and-file housing, due to profits.. you are enthusiastically adding to the cash flow of those decisions... when does this end?
- marcosdumay 7y agoI dunno, but if one needs the beds, why not hire them? Anyway, I doubt investment in tourism infrastructure is a large obstacle for building new houses. I would look elsewhere first.
- cultus 7y agoIt doesn't end. Plutocracy breeds more plutocracy. There's a positive feedback loop because more money buys more governmental influence (i.e., rent seeking), which then gets more money.