Comments by "Setta" (@settame1) on "Ghetto Mayor Steals Millions" video.

  1. Our city planning committee was filled with real estate agents who were getting exclusive deals to build multifamily buildings. They were redistricting everything to the point where single family homes couldn’t even be built in most of the city. This was in 2006-2007 and no one ended up buying the buildings because of the housing crash. It ended up losing the homes in the area that suddenly became full of cheap multifamily homes that were empty loosing about 10k-50k value each. It ended up being a big lawsuit/settlement that ended up in those neighborhoods getting about 10k to improve their homes to make up for the lost value and all those real estate agents losing their jobs. They even sold out the entire river side park that was beloved by locals to a large apartment complex again in 2008. Luckily it ended up taking 10 years to build because of the collapse but now the riverfront parks that had millions invested them are gone, and entire historic down town has their view of the river (and usually the building parking lots were torn up) for cheap condos built right on a river that floods regularly.
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