Any thoughts before it hits the printers? TITLE: Once the value of a rental space has been paid via monthly rent, the tenant becomes the new owner of their rental space; re-allocate “Section 8” funds on a 10 year plan to pay off landlords for the purpose of eminent domain. PETITION: 1.) put a “cap” on the property value of ALL properties that have rental spaces within them; property values will be set BACK TO what their value WAS on December 31st, 2013. The property value may only be increased by the value of any improvements that were made AFTER that date. 2.) assess the percentage of property value that each rental space accounts for within the total property; at that time a “rental space value” will be assigned to each rental space. 3.) assess & factor in the amount that a tenant has already paid in total via monthly rent (utilities NOT included) from the time of their first months rent up to the current date. 4.) Once the total ”rental space value” has been paid by the tenant, ownership of that rental space transfers from the landlord to the tenant. 5.) Begin re-allocating the $17 billion per year spent on helping low-income people pay their monthly rent to INSTEAD do the following: for 10 years pay a “severance & displacement of investments check” to landlords whose rental spaces are sold via this process, using eminent domain (out of absolute necessity of the people) to do so. 6.) Budget an annual decrease AND an urgent deadline to get off from the $17 billion per year so that we no longer need to deal with this issue. PETITION BACKGROUND: Many people dont financially qualify to purchase a home near their workplace, & end up paying the value of their rental space several times over throughout the years. Due to common landlord restrictions, tenants dont have the option to live a sustainable lifestyle: they cant put up solar panels, paint their roof white, plant a food garden, compost their food scraps, or improve the insulation of “their property”. Even if their landlords DO let them, many simply cannot afford to make these changes, whereas if they were outright purchasing, they would pay off the value of their home, & then simply pay for these improvements once they “get ahead”. Landlords often have no financial incentive to “green” their rental spaces, because they are usually not the ones who pay the energy bills. This is preventing the U.S. infrastructure from acquiring even basic needed energy-saving solutions. It should be in any renters best interest to have paid property taxes rather than monthly rent because they would have spent less money AND they would get to keep the property if they had been given the option, but since there was no property for sale that could possibly be purchased on a standard wage near their workplace, they ended up getting stuck on “the rental treadmill”. If a tenant then “falls off” this treadmill, they are left with nowhere to go, & can become homeless, where it is very difficult to get back on their feet. This has now created an economic cesspool that weve all dealing with. In contrast, many landlords receive a living wage off the backs of families & individuals who support them via rent, having little work to do comparatively than those who provide them their living. In some communities this has developed into blatant social parasitism, where one landlord owns swaths of rental properties, & continues affording new places to “rent out”. These “slumlord” situations can become like unchecked monopolies within communities, & are especially scary because if anyone “falls off” their treadmill, they are either ticketed or given community service for “camping within city limits”. Often times the officers & the community members themselves become so bound up within this cycle, that the circumstances go completely unnoticed. The problem is then like the root of a diseased plant; only the wilting leaves can be seen, but not the cause; society is left perplexed by the enormity of the situation while having no clue how to deal with it. We need to create a more sustainable & fair economic model in our nation. The plan outlined in this petition will do just that. This petition makes it so that once the value of the rental space has been paid, the tenant takes legal ownership & full responsibility for that space, which could allow families the opportunity to get ahead & to create lasting solutions within their living spaces which will reduce America’s dependency on extractive energy industries (oil, coal, nuclear, etc.). This one move will alone create a great the potential for vast improvements throughout America’s infrastructure. This petition will allow low-wage & middle-class families to get ahead rather than being stuck in poverty, reducing America’s welfare costs while allowing clean energy purchases to become affordable to the average person rather remaining than remaining a “pie in the sky” while forced into a depressing cycle with no end in sight. Perhaps many Americans arent “suffering from depression”; but instead have simply “found themselves in depressing circumstances”. As for providing a return to landlords for the investments, that $17 billion in federal taxes (see below) PLUS your local state AND county subsidies that are used to help low-income people meet their monthly rental needs should INSTEAD be used to provide landlords with a “severance & displacement of investments check” so that they are compensated for their investment. This way everyone can benefit from this new living arrangement that will get ALL OF US off the treadmill! Statistics & financial figures: According to Federal Reserve Bank data (1996), 10% of the U.S. population owns 82% of U.S. real estate . 57.43% of the U.S. population have no sustainable accommodations (pay rent, are homeless, or are in prison or jail): according to the National Multi Housing Council, 35% of U.S. citizens pay monthly rent & 15% are homeless. 7.43% were in prisons in 2009 according to U.S. Bureau of Justice Statistics. According to an analysis by ncsha.org, taxpayers spend ~$17 billion each year to help ~3.1 million low-income households pay their monthly rent; allocated on behalf of “Section 8 of the Housing Act of 1937. This DOES NOT include state OR county allocations.
Posted on: Thu, 16 Jan 2014 01:18:57 +0000
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