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Sanders unveils $2.5 trillion 'Housing for All' plan

Posted on 9/18/19 at 1:55 pm
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73411 posts
Posted on 9/18/19 at 1:55 pm
I wonder if he came up with this idiocy while enjoying his lakeside dacha.

White House hopeful Sen. Bernie Sanders (I-Vt.) on Wednesday released a $2.5 trillion plan to guarantee housing for every American.

Sanders said the plan would “guarantee every American — regardless of income — a fundamental right to a safe, decent, accessible, and affordable home” and would be paid for by a wealth tax on the top one-tenth of 1 percent of income earners.

Sanders’s plan seeks to invest $1.48 trillion over 10 years in the National Affordable Housing Trust Fund to build and maintain 7.4 million “quality, affordable and accessible housing units” that he says will eliminate the gap in affordable housing for the lowest-income renters. It would also invest another $400 billion to build 2 million mixed-income social housing units.

LINK
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
59493 posts
Posted on 9/18/19 at 1:56 pm to
Socialism is great... until you run out of other people's money.
Posted by Erin Go Bragh
Beyond the Pale
Member since Dec 2007
14916 posts
Posted on 9/18/19 at 1:56 pm to
Are they to be crime free as well?
Posted by BlackHelicopterPilot
Top secret lab
Member since Feb 2004
52833 posts
Posted on 9/18/19 at 1:58 pm to
Holy frick....they are just making shite up now!


"I see your house and $1000 per month basic income..and, raise you a pair of Yeezy sneakers per year!"
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41051 posts
Posted on 9/18/19 at 1:59 pm to
quote:

until you run out of other people's money.



We are already out of money.
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73411 posts
Posted on 9/18/19 at 1:59 pm to
quote:

Holy frick....they are just making shite up now!

Each of them trying so desperately to generate traction.
Posted by 225bred
COYS
Member since Jun 2011
20386 posts
Posted on 9/18/19 at 2:01 pm to


Can’t wait for soviet style bloc housing!
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51450 posts
Posted on 9/18/19 at 2:02 pm to
Translation: Section 8 for erryboday!!
Posted by PJinAtl
Atlanta
Member since Nov 2007
12740 posts
Posted on 9/18/19 at 2:03 pm to
quote:

a safe, decent, accessible, and affordable home
How much you want to bet those safe and decent homes won't be so safe and decent after a few years?

quote:

National Affordable Housing Trust Fund to build and maintain 7.4 million “quality, affordable and accessible housing units”
Where are they going to build this Utopia? Who is going to sell them the land? What will it do to the home values in the surrounding areas?
Posted by Erin Go Bragh
Beyond the Pale
Member since Dec 2007
14916 posts
Posted on 9/18/19 at 2:04 pm to
quote:

Where are they going to build this Utopia

Smart money says, nowhere near Vermont.
Posted by duckdude
Member since Apr 2016
392 posts
Posted on 9/18/19 at 2:04 pm to
I wonder if Bernie would give away some of his extra houses?
Posted by Jbird
In Bidenville with EthanL
Member since Oct 2012
73411 posts
Posted on 9/18/19 at 2:04 pm to
The democratic socialist lambasted “corrupt real estate developers” for jacking up rent prices and President Trump for cutting federal housing programs. He says he would create an office within the Department of Housing and Urban Development to strengthen rent control and tenant protections and make data on evictions and rent increases available to the public.
Posted by BlackHelicopterPilot
Top secret lab
Member since Feb 2004
52833 posts
Posted on 9/18/19 at 2:05 pm to
quote:

Who is going to sell them the land?


Eminent Domain - These assholes will SEIZE it

quote:

What will it do to the home values in the surrounding areas?


The 'surrounding areas' will be far away from these assholes' personal properties.
Posted by MrLarson
Member since Oct 2014
34984 posts
Posted on 9/18/19 at 2:05 pm to
quote:

$2.5 trillion plan to guarantee housing for every American.


2,500,000,000,000

quote:

build and maintain 7.4 million “quality, affordable and accessible housing units”


7,400,000

So Bernie wants to spend 337,837.00 Per housing unit?


Kickbacks for errybody
Posted by wheelr
Member since Jul 2012
5147 posts
Posted on 9/18/19 at 2:06 pm to
quote:

and would be paid for by a wealth tax on the top one-tenth of 1 percent of income earners.




Along with the multiple other proposed multi-trillion dollar welfare programs. Right.

Everyone will pay for it.
Posted by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
19490 posts
Posted on 9/18/19 at 2:06 pm to

Same plan the left has been running since the 60s, on a much larger scale. The result has always been blight and massive loss of investment, because people don't respect what they haven't earned.
Posted by cajunangelle
Member since Oct 2012
146479 posts
Posted on 9/18/19 at 2:07 pm to
quote:

and would be paid for by a wealth tax on the top one-tenth of 1 percent of income earners.








Posted by Smedium27
Bestbank
Member since Aug 2010
3517 posts
Posted on 9/18/19 at 2:07 pm to
What is comical is most section 8 housing or low income housing are not the problem. It is the atmosphere and neighborhood you create when you put all of them together in one spot.

If Bernie wants to give everyone "quality" houses, you have to create a quality neighborhood around it

This includes a school in the neighborhood, Public transportation in the neighborhood, and private or public sector security in the neighborhood to make it safe for the children being raised in the neighborhood.
Posted by lsufan1971
Zachary
Member since Nov 2003
18106 posts
Posted on 9/18/19 at 2:07 pm to
Pocahontas not to be outdone will have a 3 trillion dollar plan out tomorrow.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11066 posts
Posted on 9/18/19 at 2:09 pm to
Can one of the resident RE guys give us an average useful life of a newly built housing unit? I would love to know what kind of replacement costs this would be after these structures need repairs and replacement plus inflation.

quote:

Sanders said the plan would “guarantee every American — regardless of income — a fundamental right to a safe, decent, accessible, and affordable home” and would be paid for by a wealth tax on the top one-tenth of 1 percent of income earners.


Nevermind. No worries commrades, the funding for this is unconstitutional. Got ahead of myself.
This post was edited on 9/18/19 at 2:11 pm
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