tag:blogger.com,1999:blog-9143409168229764050.post5921057728817500580..comments2023-10-09T11:28:14.030-05:00Comments on The Adventures of Johnny Northside: JN-SPAN: Congressional Field Hearing on Foreclosures and Affordable HousingJohnny Northsidehttp://www.blogger.com/profile/03694273579383113753noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-9143409168229764050.post-5021527023581691772010-01-25T19:12:32.999-06:002010-01-25T19:12:32.999-06:00After informing Jeff (Hawthorne Hawkman) I am remo...After informing Jeff (Hawthorne Hawkman) I am removing comments which reference a troll who tries to disrupt this blog from time to time. <br /><br />Here is something Jeff said in one of those removed posts which I am reposting:<br />----------------------------------<br />@ anon 8:04 - Ugh, bad math on my part. I was so caught up in the absurdity that places like Hawthorne might have ONLY experienced a 14% decline that I didn't even bother to apply basic mathematics to my hyperbole. Shame on me, and thanks for catching that.Johnny Northsidehttps://www.blogger.com/profile/03694273579383113753noreply@blogger.comtag:blogger.com,1999:blog-9143409168229764050.post-11385757072786293392010-01-25T12:51:58.771-06:002010-01-25T12:51:58.771-06:00Thanks for holding this meeting it was very helpfu...Thanks for holding this meeting it was very helpful. I appreciated the Fed, State, City, and County Housing Resources which prevented some people from losing their housing. Its not enough to only assist some after the crisis, but we need real affordable housing and housing subsidies like I stated besides section 8/ short term 2yrs and long term 5 years portion of rent paid by Gov.<br />I wasn't feeling well and didnt do as good of the job. Again thanks, for the coverage.<br /><br />Peace be with you<br />Richard AAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9143409168229764050.post-38275693351006118632010-01-25T10:49:39.092-06:002010-01-25T10:49:39.092-06:00Great coverage!
Tom Streitz mentioned that some o...Great coverage!<br /><br />Tom Streitz mentioned that some of the greatest problems that his department was the amount of competition they faced from investors (4:42).<br /><br />I do not see this as a direct problem if standards for ownership were enforced. <br /><br />If the city enforced the existing Nuisance Property laws that regulated standards for occupancy in these units which held the owners financially responsible for the condition of the property and the behavior of the tenants, this competition for cheap rental properties would start to taper off.<br /><br />Secondly, if annual inspections of rental properties receiving entitlement funding were mandated many of the substandard rentals could be identified and eliminated.1915bunghttps://www.blogger.com/profile/06567598302283012043noreply@blogger.comtag:blogger.com,1999:blog-9143409168229764050.post-14571024166872630422010-01-25T08:04:30.482-06:002010-01-25T08:04:30.482-06:00A 140% drop in home values is not possible. That ...A 140% drop in home values is not possible. That would be that you have a $100,000 house, but you have to pay someone $40,000 to talk it from you, a 14% decline is a $100,000 house selling for $86,000...<br /><br />Thanks for the update on the hearing, good to see all the housing heroes getting some facetime with the Feds.Anonymousnoreply@blogger.com