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submitted 5 months ago by [email protected] to c/[email protected]

welcome back company towns ๐Ÿ‘‹๐Ÿ‘‹๐Ÿ‘‹๐Ÿ‘‹

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[-] [email protected] 42 points 5 months ago* (last edited 5 months ago)

I hate that I'm saying this, but it might actually be useful to have companies do this and have housing as part of a compensation package to exert some downward pressure on rent.

Realistically I know it will be terrible but I can see how it could be beneficial in our current framework/situation

[-] [email protected] 11 points 5 months ago

Similar ideas like this pop up every few years regarding teacher housing in expensive areas (SF, NYC) where the district owns and operates some housing units

[-] [email protected] 8 points 5 months ago

At least one of the charter schools in one of the smaller MN cities had to build an apartment complex next door to attract teachers. AFAIK, the apartments are reserved just for teachers and their immediate families. The charter school salary and benefits are crappy enough that without cheap (and good) housing, no one wants to move there to have a teaching career. I found out recently that this strategy has been given the rather euphemistic name "workforce housing". IOW, they have to build housing as a sort of charity project.

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this post was submitted on 07 Jan 2025
146 points (99.3% liked)

chapotraphouse

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