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Walt Disney World plans to build more than 1,300 housing units on nearly 80 acres of land in Orange County. Universal Parks & Resorts says it has "pledged 20 acres of prime land in the heart of Orlando's tourist corridor to be used for 1,000 units of affordable/mixed-income housing."
Read more from NPR.
You load sixteen tons, what do you get?
Another day older and deeper in debt
Saint Peter don't you call me 'cause I can't go
I owe my soul to the company store
It's interesting....I know of multiple parks across the US who have either built employee housing or have plans to do so. Many parks are located in urban/touristy areas where going is simply unaffordable for low wage workers.....like the majority who work at parks.
The weird thing is that we moved here in part because houses were so cheap. But our current house is up about 80% in four years. I don't see how that's sustainable.
Jeff - Editor - CoasterBuzz.com - My Blog
Affordable mixed income sounds like they will be government subsidized If so, this isn’t ti benefit their low paid workers IMO. The government allows greedy developers to take huge annual distributions out of these types of developments. It’s another way to make money on the backs of the workers Imo.
The thing about this, super7*, is that these developments are on land that is presently owned by Disney and Universal. They've taken disused real estate and decided to make it available for housing. Whether they do this by developing it themselves, or by selling it to a developer, is implementation details. It sounds like this is to be a combination of single-family and MDU housing to provide the variations home-seekers need; what isn't clear is whether any of it is to be occupant-owned (houses, condos) or not (apartments, rental homes).
--Dave Althoff, Jr.
/X\ _ *** Respect rides. They do not respect you. ***
/XXX\ /X\ /X\_ _ /X\__ _ _ _____
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RideMan said:
The thing about this, super7*, is that these developments are on land that is presently owned by Disney and Universal. They've taken disused real estate and decided to make it available for housing. Whether they do this by developing it themselves, or by selling it to a developer, is implementation details. It sounds like this is to be a combination of single-family and MDU housing to provide the variations home-seekers need; what isn't clear is whether any of it is to be occupant-owned (houses, condos) or not (apartments, rental homes).
--Dave Althoff, Jr.
Agreed I just think the article gives a little charitable vibe abc its not that at all.
There’s nothing charitable about it; Disney and Universal are watching their workforce get priced out of housing at such an alarming rate that there’s no way they can increase compensation enough to make up for it. So instead of throwing money at their workers (which, a, they have already done, and, b, won’t help the housing problem because it just makes it easier for rents to rise faster), they are taking a stab at the underlying problem to try and make housing cheaper.
But it’s definitely in their corporate self interest.
—Dave Althoff, Jr.
/X\ _ *** Respect rides. They do not respect you. ***
/XXX\ /X\ /X\_ _ /X\__ _ _ _____
/XXXXX\ /XXX\ /XXXX\_ /X\ /XXXXX\ /X\ /X\ /XXXXX
_/XXXXXXX\__/XXXXX\/XXXXXXXX\_/XXX\_/XXXXXXX\__/XXX\_/XXX\_/\_/XXXXXX
It doesn't have to be charitable, nor is it mutually exclusive to benefit renters and the corporations. It can be both.
Also, what does "make money in the backs of workers" even mean? Do businesses make money in another way?
Jeff - Editor - CoasterBuzz.com - My Blog
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