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>I know I wouldn't feel good about having to move from a nice building because the startup was doing OK. Subsidized apartment buildings in the US don't make yo
by hollerith 3y ago
>I know I wouldn't feel good about having to move from a nice building because the startup was doing OK.
Subsidized apartment buildings in the US don't make you move out if your income goes up: they just take away your subsidy, i.e., your rent goes up to what HUD calls the apartment's "contract rent". Then HUD (statistically speaking) directs the money they used to use to subsidize your rent to building more subsidized housing. HUD wants successful people living in HUD-subsidized buildings, at least the ones with children in them, to serve as role models.
- neilv 3y agoInteresting; that sounds enlightened of HUD.