Incentives

Subsidized money pit

Why would an owner fix up a property when they don’t get an ROI from doing it?

http://www.csun.edu/~vcecn007/opinion/opinion%20urban%20money%20pit%20march%2016%2005.htm

http://community-wealth.org/content/los-angeles-community-development-bank-possible-pitfalls-public-private-partnerships

http://www.theguardian.com/commentisfree/2015/mar/10/america-subsidize-housing-wealthy

The above article complains about the mortgage interest tax deduction.

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