Will anyone here invest in one?
Baltimore selling vacant houses for $1
Non-Running
Finance/Jobs
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Bidenomics hard at work! 🤡
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If you can buy one of these houses, sell it for $2, that's already a 100% ROI. Easy flip.
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"No, investment is bad! Decaying abandoned row houses are great character for a neighborhood"
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Really tired of people saying there's no affordable housing in big cities. Here you can get a house for $1.
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Same pathetic poster makes same pathetic thread.
919 -
The best part of the article is that non profits are concerned developers will improve the city and push poor residents out. What’s wrong with that? Do these people not realize if they get rid of the low income criminals, the city can blossom. They should sell the whole city to developers who will demolish every building and put in luxury apartments and luxury malls. When all the criminals are forced to leave then Baltimore’s crime rate will plummet. Where will they go? I don’t know. A homeless shelter or prison if they choose to be lazy and not get a better job.
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Why are they $1? Are they booby-trapped¿
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Imagine the capital gains tax you'd pay for a short-term gain of 100%.
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and again wrote:
Same pathetic poster makes same pathetic thread.
It’s an article in Bloomberg.
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The houses near Rojo go for even less, because one must endure seeing him jog shirtless down their block.
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Mike Rodick wrote:
The houses near Rojo go for even less, because one must endure seeing him jog shirtless down their block.
I would not be surprised if RoJo was Baltimorespammer
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Dont get it mann wrote:
The best part of the article is that non profits are concerned developers will improve the city and push poor residents out. What’s wrong with that? Do these people not realize if they get rid of the low income criminals, the city can blossom. They should sell the whole city to developers who will demolish every building and put in luxury apartments and luxury malls. When all the criminals are forced to leave then Baltimore’s crime rate will plummet. Where will they go? I don’t know. A homeless shelter or prison if they choose to be lazy and not get a better job.
Funny that the non-profits are complaining instead of just buying the properties themselves. If they're worried that for-profit developers will do things with the properties that aren't in the community's best interest, the non-profits could just pay the $300 to buy them all, no?
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Dont get it mann wrote:
The best part of the article is that non profits are concerned developers will improve the city and push poor residents out. What’s wrong with that? Do these people not realize if they get rid of the low income criminals, the city can blossom. They should sell the whole city to developers who will demolish every building and put in luxury apartments and luxury malls. When all the criminals are forced to leave then Baltimore’s crime rate will plummet. Where will they go? I don’t know. A homeless shelter or prison if they choose to be lazy and not get a better job.
These city officials can't win, they get blamed and accused of racism for letting poor neighborhoods decay, but also get accused of racism for gentrifying when they financially improve the same neighborhoods.
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Nancy B. wrote:
Really tired of people saying there's no affordable housing in big cities. Here you can get a house for $1.
You will be robbed and killed the first week. Ask the LRC brothers. People who have not been to Baltimore don't know what the hell is like there.
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Dont get it mann wrote:
Where will they go? I don’t know. A homeless shelter or prison if they choose to be lazy and not get a better job.
So basically, you want people from Baltimore who have never had jobs and are lazy, someone like rojo, in prison.
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This has been done in the past in Baltimore. The condition was you had to renovate them. People did and then charged higher rent. So it did "revitalize" previously abandoned homes and run down neighborhoods. It also gentrification certain areas, and yes, pushed out lower income locals.
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poosmacker wrote:
Bidenomics hard at work! 🤡
Baltimore has gone downhill in four years?
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and again wrote:
Same pathetic poster makes same pathetic thread.
Every time you post this it's a self own. You are claiming to see a common issue lol
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