I love the marketing of this. "The government will buy vacant condos and 'turn' them into affordable housing." Sounds so nice until you ask where the money comes from (us, the people in need of affordable housing) and who still profits from our money (the same people who made housing unaffordable in the first place). So we're still fucking paying full price for those houses, maybe certain disadvantaged individuals who will move into those affordable units won't be paying full price (which is a small win, but, like, absolutely tiny) but at the class level nothing has changed and it will ensure there is a never ending supply of disadvantaged individuals in need of government housing assistance. This is a solution that only perpetuates the problem and will never actually solve it. This isn't the government gifting poor us with affordable housing, it's the government gifting poor developers with our money and calling it affordable housing.

How about you let the developers lie in the bed they made, go bankrupt, appropriate the units as part of the bankruptcy proceedings, and set up housing co-ops or affordable housing programs with the actually cheap housing? SMH can't even do capitalism right.