Hacker News Reader

It's been rather shocking hearing one President candidate push Peskin-like policy (Trump), and the other the policies of Peskin's nemeses (Harris). Of course since Harris is from Oakland, slightly younger, and doesn't come from trust fund money, her background would be more likely to align with fair housing policy than Peskin.

View on HN

It's really an amazing study in political science. Progressives are supposed to be all about helping the poor, but some were sold a camouflaged dystopia.

To reach utopia - the fantasy goes - we must first travel through a dystopia in which the poor are enserfed by the housing barons, paying upwards of 70% of their income in rent. Unfortunately the dystopia never ends in practice.

Then there's the perplexing question of how real estate taxation got to this point. As the saying goes, a real estate family that pays any income tax at all needs to fire their tax advisor.

And that last point describes a certain entitled developer over the last decade. Obsessively beg not to pay taxes, for example running the old DC post office building after winning a competitive bid, where everyone one else priced in the cost of doing business.

Reply on news.ycombinator.com