$400 Million Housing Plan For New York Proposed By Gov. Eliot Spitzer
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Eliot Spitzer has proposed a new fund for offering housing assistance to New Yorkers, especially those in New York City, to help offset the high housing costs. The 400 million dollar fund would be available to the poor and those with special needs.
Of course, the real issue is how they can fund this program since the state has a significant deficit for 2008 fiscal year. But if you are a landlord in New York and trying to find new avenues for revenue, refitting your property to accommodate the beneficiaries of this new program could provide a new source of income.
While some lawmakers lauded the proposal, others said they needed details about how the governor would pay for it, given an anticipated $4 billion deficit for the fiscal year that begins in April.
“When the governor said no new taxes, how do you get to achieve these goals with the economy softening, with revenue softening?” asked Senator John J. Bonacic, a Republican from Mount Hope and the chairman of the Senate’s Housing Committee. via New York Times.
Very funny comparison. However you don't need to pay property tax on Barbies 3 Story Dream House. With the unemployment ...
My wife has actually decided to study for and get her real eatate licence just so we dont ever have ...
I like your analogy in this article. The real estate economy really is like a patient who you cannot ...
Real Estate is hyper-local. Every market is different. Phoenix has already hit bottom and is starting to recover. We have ...
Great to hear that the big boys
are predicting recovery sooner than
most think.
Thanks for the value! 
I agree--good analogy. You have to crawl before you can walk. Right now, at least in Austin, many people would ...
I live in the Philippines and I am glad we are not on the lists... 
I have a few Litograghs of Presidents homes , made by Richard V. Sebring. yr. 1990 Do they have any ...
