Re: [UC] Pricing people out

[Krfapt]

In a message dated 3/23/2004 10:20:27 AM Eastern Standard Time, [EMAIL PROTECTED] writes: I agree.  The PENN program has helped way more than it hurt.  Increasing property values always does. "Always" is a strong word.   Increasing property values can hurt if it results in higher property taxes and you happen to be on a limited income.   Increasing property values can hurt if you like a particular area but can't afford to buy there.   Increasing property values can hurt if you're a rental tenant and someone who's just bought the building in which you live has to raise your rent to cover a much larger debt service than the previous owner. Or if you'd like to rent in a neighborhood where the owner's debt service is high and rentals have to be elevated to cover them.   Or, are the people hurt by factors like the above unimportant enough not to think about?   Always at your service and ready for a dialog, Al Krigman