RUSH: Milwaukee. This is Mike. I’m glad you waited, sir. Great to have you on the EIB Network. Hi.
CALLER: Mega dittos, Rush.
RUSH: Thank you, sir.
CALLER: I think people are missing it on the Florida housing thing. Biden has $34 billion a year in his plan for subsidized housing. So with that kind of money, he can up the available money to people in the city and they’ll be able to move — and it says in his plan — so people can move closer to good schools. And at $34 billion he can rent 2.8 million existing apartments. He doesn’t have to build anything. He has $30 billion a year for construction, but he has $34 billion to help people move from the city out to the suburbs.
So what they intend to do is build affordable housing — i.e., cheap, run-down government housing right next to your beautiful suburban neighborhood, thereby taking down the quality and value of your property and limiting your resale, and destroying your intent.
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