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The large apartment complexes built over the last decade have created a burden for the city and it's citizens. Tax subsides to the entities have defunded public infrastructure accounts while insulating the owner(s) from tax liability and local accountability. The profits for these housing enterprises do not return to local investors, which extracts wealth and limits ownership/reinvestment in the community. The lack of quality/craftsmenship and renters protections also devalues, and, is a med-long term destabilizing force in the local housing market. Further, the net effect of these 'investment properties' codifies the establishment of an under represented class of residents while the owner of the property is insulated from market forces and public accountability.

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