It's not crime.
It's not mental health.
It's not 'character'
It's not even poverty.
It's affordability, and here's but one attribute -> https://scheerpost.com/2025/02/14/the-housing-loophole-that-lets-wealthy-investors-raise-rents-on-poor-tenants/
And let's clear - it's about a small group of entities protecting and growing their wealth and power at the expense of everyone else:
Similar stories have been playing out across the country for years, as developers and real estate investors take advantage of an obscure section of the tax code known as the “qualified contract” provision. It allows owners of low-income rental properties that have received generous tax credits to raise rents far sooner than the law typically requires.
Some 115,000 apartments in the United States have lost rent restrictions as a result, according to one estimate. Experts say these conversions are exacerbating the nation’s shortage of affordable housing, which has intensified in recent years. One report recently concluded that the country has nearly 5 million fewer housing units than it needs. The problem is most acute for those with low incomes.
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