LeBron James opens up an affordable housing complex in Akron for 50 families

[Professor Emeritus]

I don't disagree with them, and really it's disingenuous to compare this to building something where you're from.

Any rich person opposing affordable housing for their own selfish interests is acting like a piece of shyt. If he doesn't like it, then he should build the fukking homes himself anywhere he prefers them to go.

Look at a map of the area, and how little space there is for people to live. Then look at how much space he and the other rich people around him take up, each individually. And now taking up all that space personally isn't good enough, but he has to make all the other space around him off-limits for the working class as well? fukk, not even working class, middle class?

Our country is literally being ruined because rich people think the slightest inconvenience to themselves should be a larger political priority than other people's basic ability to live.

 

[Everythingg]

Yeah. I’m telling athletes to use their wealth to do shyt for others.

I’m a true scumbag.

How do you know what MJ does or doesn’t do to help others?

 

[Elim Garak]

 

[Womb Raider]

LeBron a GOAT on the court and probably thee GOAT off the court for things like this.

This…although I just peeped Bron be fukking side bytches.


GOAT black man but I never heard Steph fukking side bytches.

 

[Regular_P]

LeCallTheSuper

That would be @smitty22

 

[mastermind]

List of Akron, Ohio Opportunity Zones & OZ Funds - OpportunityZones.com

The city of Akron, Ohio has 13 designated Opportunity Zones. In total these Opportunity Zones have a population of approximately 46,000. That represents 23% of the city’s total population of 200,000. The median household income […]

opportunitydb.com

Benefitting from a trump policy for nearly tax free profit on developments

Edit: probably**

This is possible


It’s a good thing LeBron is doing this. The greater thing would be for him to advocate for affordable housing in the local and state government so more than 50 families can have access in Akron and Ohio. That’s not hate, but there is more to be done.

 

[The God Poster]

Lebron >>>>>>>>>>>>>>>>>>>>>>>> Steph "NIMBY" Curry

This isn’t Bron back yard tho

 

[old pig]

mike malone could never.

 

[NYC Rebel]

@CHICAGO
But but Michael Jeffery Jordan, lmao

You trying to get that biased ass mod to acknowledge Bron doing something good for the people wont work

 

[NkrumahWasRight Is Wrong]

This is possible


It’s a good thing LeBron is doing this. The greater thing would be for him to advocate for affordable housing in the local and state government so more than 50 families can have access in Akron and Ohio. That’s not hate, but there is more to be done.

When other developers do it, they are said to be exploiting a tax loophole. They hold the property for X amount of years then divest and pocket all the cash.

Investors can defer their capital gains taxes through 2026 by putting their profits in opportunity-zone funds that invest in these communities.

Depending on how long investors keep their money in the funds, they can lower their tax burden and potentially not pay any capital gains taxes on money made from the funds.
The concern voiced by some critics is that these rules create more of an incentive for wealthy people to focus on their own profits than the needs of those in the opportunity zone.

"People who were going to invest anyway are now getting a tax break and maybe you're going to get shifting of investment from outside of the zones to inside of the zones," said Timothy Weaver, a political science professor with the State University of New York at Albany who has studied these types of programs. "In either case what you're likely to see are rents going up for everybody."

We will see how it plays out. It's a win in the short term for the locals but I hesitate to claim LeBron is doing the lord's work here when every other developer doing this is labeled as a new age example of 80's corporate greed

 

[NkrumahWasRight Is Wrong]

If lebron sells out if this development in the next five years, his net worth skyrockets and akron gets gentrified, remember this story

 

[Justise M]

Curry and his wife uses their money and position to disparage people with less than himself. So it's appropriate

Hmm there was a story about the Currys lobbying to keep low and middle class people away from his estate

 

[Deus]

@Killer Instinct @Don Homer @10bandz instead of celebrating a black man's accomplishment, ku klutch klan uses it as a moment to disparage another black man, interesting.

Why not both?


Mother fukk NIMBY Curry and his dumbass wife too.


Also Steph's daddy is white...

Props to LeBron not forgetting where he came from. Sorry for the derail.

 

[Juggalo Fred]

I don't disagree with them, and really it's disingenuous to compare this to building something where you're from.

So you're sticking up for the super rich guy who's trying to block families from having affordable housing?

 

[In The Zone '98]

He's gonna run for Mayor when he's done.