kellycunningham

Redevelopment Pigs Want Back at the Trough

Hell hath no fury like a bureaucrat fearful of losing a cushy job or a real estate kingpin fearful of losing a fat government subsidy. Therefore, the move to bring back redevelopment in some form ...

Don Bauder March 28, 2012 @ 9:46 p.m.

Redevelopment Pigs Want Back at the Trough

You are absolutely correct -- and your observation is particularly keen in San Diego, where real estate accounts for around 20% of the economy, among the highest in the nation. For decades, the real estate industry has owned local politicians; its lobbyists have consistently stolen from taxpayers while making sure that neighborhoods starve while downtown thrives. Best, Don Bauder

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bhound56 March 28, 2012 @ 4:08 p.m.

Redevelopment Pigs Want Back at the Trough

Don't underestimate the power and influence of the real estate industry. They place people in office and have the huge financial resources to influence legislation...and, I suspect, even legal decisions.

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