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From 10 News San Diego in California. “On any given night, amid the bright lights of the downtown skyline, are the not-so-bright, 41-story towers of the Harbor Club condominiums. Aaron Howe lives two blocks away. ‘Just kind of empty and lonely. You see a few lights, but it’s mostly dark,’ said Howe.” “Sources tells 10News, at various times in the past decade, as many as half the units have been vacant, meaning they are not a primary residence. It is sights like those dark units prevalent across the downtown area that have drawn the scrutiny of County Board Supervisor Nathan Fletcher.” “‘I’m concerned that you have foreign wealth funds buying floors that are never occupied. I’m concerned you have people making investments in their fourth, fifth and sixth homes. To tackle the housing crisis, you can’t just build something you call housing. It has to be something that actually houses people,’ said Fletcher.” #housingbubble #benjones http://housingbubble.blog/?p=2632
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More from MindsGaming Community

From 10 News San Diego in California. “On any given night, amid the bright lights of the downtown skyline, are the not-so-bright, 41-story towers of the Harbor Club condominiums. Aaron Howe lives two blocks away. ‘Just kind of empty and lonely. You see a few lights, but it’s mostly dark,’ said Howe.” “Sources tells 10News, at various times in the past decade, as many as half the units have been vacant, meaning they are not a primary residence. It is sights like those dark units prevalent across the downtown area that have drawn the scrutiny of County Board Supervisor Nathan Fletcher.” “‘I’m concerned that you have foreign wealth funds buying floors that are never occupied. I’m concerned you have people making investments in their fourth, fifth and sixth homes. To tackle the housing crisis, you can’t just build something you call housing. It has to be something that actually houses people,’ said Fletcher.” #housingbubble #benjones http://housingbubble.blog/?p=2632
86 views ·