Posted on 04/03/2023 4:24:39 PM PDT by dynachrome
Chicago residents are in uproar after the Obama Foundation's $500million new 'presidential center' caused a huge spike in property prices that forced many longstanding residents out of their homes.
The nonprofit founded by Barack and Michelle Obama told residents that the sprawling new build on Chicago's South Side will transform it and the surrounding neighborhoods - and provide local job opportunities.
But since the center was announced in 2015, median rents in the immediate vicinity have jumped a staggering 43 per cent, while house prices have risen 130 per cent.
The area is a historically black one, with many of those since forced to up sticks and move particularly upset at being booted from their homes thanks to the actions of the United States' first African-American president.
Among those who've been forced to move is Tahiti Hamer, 42.
The single mom-of-three had to leave the only neighborhood she'd ever lived in after her rent rocketed 40 per cent in 2021 - the same year construction started on the Obama Foundation's center.
(Excerpt) Read more at dailymail.co.uk ...
“Affordable housing” my arse! Get a flippin job, stop smoking dope and playing video games. Losers
Movin’ on up to the South Side.....What a country!!!!!
Two words:
Don’t care.
More words:
I know it’s morally wrong to assume that all these people deserve what they’re getting. And I don’t wish ill to any of them that don’t deserve it. The problem is I just can’t bring myself to care anymore.
The realistic fact of the matter is, at the end of the day, most of these victims are not going to associate their situation with the Obamas or any of the white and black liberal Intelligentsia of Chicago. So, while I see myself as a compassionate person, there’s a point at which I just walk away from this shit. You’re on your own people.
They don’t pay the rent anyway. So why do they care if rents go up.
Obama is gentrifying around his center? Lmao. I guess “yes I can” was his campaign motto.
I know carreer women at work who in the same sentence will support feminism and oppose transgender equivalency to their gender…
Some people cannot be reasoned with. They do not understand the scam
Not to worry. In a couple years after it’s finished, it will look just like the rest of the ghetto....
Yep, the word affordable housing in the same sentence as paying rent seemed contradictory
And don’t forget Hawaii. Seems junior loves to buy property that’s gonna be underwater in less than 10 years.
Barry Soetoro is a real piece of work... a brilliant and malignant troll.
Well said.
Respect!
HAHAHA. Even funnier is anyone thinks the Obamas care about anyone or anything but their own glory.
The idea is to make sure no poor folks can live around Obungho’s monument to Himself and his boss Soros. They don’t want the area to be low class.
I am thinking what is happening is the Section 8 landlords are finding it’s more profitable to sell their property. I’m not sure how it works but I’m guessing that once the property owner sells to another the whole section 8 rent formula changes with the upgraded value of the property.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.