This is my most common fantasy if I somehow came into a billion dollars.
It's a fantasy, but I would create an apartment complex with mixed 1 2 and 3 bedrooms and set the rent below market value and then find a lawyer to draw up a legal document to turn it into a co-op so that after enough people moved in I could turn control over to them.
If I were a multibillionaire I would do this again and again until non market housing was normal In my city, and anyone wanting to build housing has to compete with a bunch of non market housing.
You might be interested in the story of Tengelo Park.
Harris Rosen went from a childhood in a rough New York City neighborhood to becoming a millionaire whose company owns seven hotels in Orlando, but his self-made success is not his proudest achievement.
Twenty years ago, the Orlando, Fla. neighborhood of Tangelo Park was a crime-infested place where people were afraid to walk down the street. The graduation rate at the local high school was 25 percent. Having amassed a fortune from his success in the hotel business, Rosen decided Tangelo Park needed some hospitality of its own.
“Hospitality really is appreciating a fellow human being,” Rosen told Gabe Gutierrez in a segment that aired on TODAY Wednesday. “I came to the realization that I really had to now say, ‘Thank you.’’’
Rosen, 73, began his philanthropic efforts by paying for day care for parents in Tangelo Park, a community of about 3,000 people. When those children reached high school, he created a scholarship program in which he offered to pay free tuition to Florida state colleges for any students in the neighborhood.
In the two decades since starting the programs, Rosen has donated nearly $10 million, and the results have been remarkable. The high school graduation rate is now nearly 100 percent, and some property values have quadrupled. The crime rate has been cut in half, according to a study by the University of Central Florida.
"We've given them hope,’’ Rosen said. “We've given these kids hope, and given the families hope. And hope is an amazing thing."
So this guy shouldn't be news, this should be the standard, it's scary that the one good guy with enough money to do something like this is the exception and not the norm.
We all evolved to live in tribes; we have to work together as people.
Just want to remind everyone that we don’t have a housing shortage, we have a cost of living crisis. Everyone deserves a place to live and we have plenty. The will is the only thing. Fight YIMBY traitors. We can do it!
I see no reason to believe that letting this guy make unilateral decisions is somehow better than taxing him appropriately and using the revenue to build public housing.
Someone took 99 families off the streets? Wow fuck that asshole, how dare she have enough money to do that. How dare she not give up her home and make it 100 families off the streets, not good enough!
-Half this website, angry 99 families now have a place to live who didn't before this event
I like this because it is both a good story about an individual helping their community and it is proof individual action alone is not enough to rely on to solve social problems.
Where are they built in relation to necessary services, and what other services are available?
Is there on site support for drugs and mental health issues?
Is anybody's stuff going to be safe there? Or are they dumped out of sight and mind?
You have to 'invest' in preventing the causes of homelessness in the first place, which has proved impossible under capitalism. I doubt corrupt dictatorships of the proletariat such as the Soviet Union did any better.
A lot of people talk about taxing folks like this and then using the money to supply the housing.
The thing is, given the money, few people could pull this off well. The site isn't just being plopped down; from the sound of the article in the comments it's being actively developed as a community with other safeguards and support, by someone who sunk a lot of time into finding out what would work to help people rather than just appear to help.
A scheme like this is hard to replicate because, in addition to money, it needs a core team with a clear vision and the time to really make it a focus of their lives. It also needs a community that will embrace it - for example it would likely work in the town I grew up in, but the town I work in (and am sadly forced to live in) now would likely drive such a project to failure.
It's a good idea that worked against the odds, and should be celebrated for that alone.
Spacing looks a bit odd. Would a communal park and then less space between each be better? Not really enough space around each one to be much use beyond a few plant pots anyway.
Not everyone agrees with this thought but I'm also for allowing unused city parcels to be used for homeless tents and such. My city does everything it can to hide homelessness without addressing any of the underlying issues
The wealthy do not deserve praise for spending the money they leeched from society to solve problems that could have been paid for by taxes they avoided paying. The wealthy are NOT going to solve society's problems long term, just drag them out so society relies on them instead of solving it themselves.
Good start, weird that it's built like a CPU heat sink. Wouldn't it be cheaper to build duplexes or quadplexes? Fewer walls, less insulation per person...
This is a terrible idea. We are not helpless children, it's our society, we have the right to provide the necessities of life: food, health care, a place to live and a decent job. Capitalism is the sickness: get healthy, go woke.
I think the term "homeless" is really a euphemism that makes it easier for wealthy people to talk about poor people (if you have shelter, food, and are not living paycheck to paycheck you count as wealthy), and it results in misunderstandings about what the real problems are.
Giving a house to someone who lives on the streets is a nice gesture but it doesn't address the underlying problems - unemployment, unemployability, health problems, psychological problems, lack of social support structure, lack of supportive relationships (e.g. friends and family) - you can't just fix someone's life with a building.
It's like a grade-school-level understanding of the problem ("just give the homeless people homes! then they're not homeless anymore! problem solved!"). Without putting in a real effort to support these individuals' lives, to understand and address what put them in that situation in the first place, this is a temporary patch that will end in relapse.
Nooo!!! Anyone with money is inherently evil! The only way to help the world is to ensure that none of us ever rise above the level of a wage-slave drone! Anyone who even approaches a position where they might be able to make an actual difference must be attacked mercilessly!
When Trudeau's housing accelerator fund gave a wad of cash to Burnaby they increased developer fees by 50k. I dont know where this guy lives but people dont want to live out in the middle of no where with no job.
How many stories have I seen about billionaires building housing? Zero. Though, to be fair, I've only seen a meme about a millionaire doing so. No verification that it happened.
i hope it works and contains a forever lease and not just a month to month where the land will be improved by these houses then said millionaire sells the land for a profit and the people living there are screwed yet again.