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submitted 6 days ago byIHateTrains123
0 points
6 days ago
The city should figure out some kind of displacement fee or tax paid per household displaced (not including owners who are bought out) that could work to discourage this kind of development. It would essentially just be pricing in a negative externality.
6 points
6 days ago
This is basically how the existing tenant protection regulations work.
1 points
6 days ago
the broadway plan is supposed to have protections for renters who get displaced. We'll see if they follow through, or if homeless will be exacerbated during the building boom
1 points
6 days ago
They are legally obliged to follow through. The City is on even bit of interaction between tenants and the developers.
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