Submitted by mooseLimbsCatLicks t3_xvejx3 in jerseycity
JCwhatimsayin t1_ir1aime wrote
Reply to comment by mooseLimbsCatLicks in Board of Education Candidates Make Their Pitches - Jersey City Times by mooseLimbsCatLicks
I guess this would make sense as an alignment of interests if LeFrak had thousands of 3-4 bedroom dwellings in the pipeline or on existing rent rolls. I don't think that's the case. I think their primary incentive is to keep taxes low and appeal to single and couple buyers and investors. For their primary buyers with kids (if any), subsidizing private schools is a much cheaper and more precision-guided strategy than actually trying to make the public school system better.
reputationStan t1_ir7gj74 wrote
hmm, idk why you're downvoted. you present a good argument. if there were larger apartments, families would be inclined to stay (if the prices were reasonable as well).
upvoted since you were -2.
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