We want to begin by asking citizens to look a few decades down the road at what LIVING NEAR YOUR WORK will look like as we described global corporate campuses and global factories looking nothing like today's Baltimore row houses on campuses looking like today's Johns Hopkins or UMMS. The earliest start of far-right wing global banking 1% policy is gradual but will end looking 180 degrees from today's societal ideas of LIVING NEAR YOUR WORK.
First, we want to address the low-income housing structure tied to LIVE NEAR YOUR WORK. We have shouted for a decade against our 99% global labor pool immigrants being controlled by labor brokers with workers forced to move constantly living in housing that was substandard-----maybe no heating or lighting----still under construction or rehabbing and not safe for living. This labor broker chop shop structure has now extended from our 99% global labor pool to our US citizens poor and working class wanting only shelter and steady employment. As we stated, the subprime mortgage loan frauds have been tied to these dynamic labor broker chop shops making these housing situations even worse for community members wanting a stable tenet/homeowner anchor in communities. Do we not like our US citizens as low-income workers?
OF COURSE WE DO AND WE WANT THEM LIVING IN STANDARD HOUSING FOR A LONG-TERM.
So, what was SECTION 8 looks to have become chop shop housing operated by labor brokers who are generally tied to US city political machines and those 5% to the 1% black, white, and brown freemason/Greeks.
These chop shops are the lower-income end of LIVE NEAR YOUR WORK. The percentage of US workforce being tied to these chop shop housing structures is growing as fast as US citizens are pushed into poverty.
The Live Near Your Work Benefit
Live Near Your Work is a homebuying incentive for individuals working in Baltimore City. Incentives are funded partially by employers and partially by the City of Baltimore. Funds can be used toward your downpayment or closing costs associated with the purchase of a home in Baltimore City.
Am I eligible?Over 100 employers have signed on to participate in the Live Near Your Work program. If yours is found in the list below: Congratulations! You can likely claim this benefit.
Contact your HR department or benefits manager for assistance in applying for the Live Near Your Work incentive. If you are unsure of the contact for your company, reach out to Liz Koontz, Live Baltimore's Employer Outreach Manager, at 410-637-3750 x114 or by email.
Please note that some employers place restrictions on their Live Near Your Work benefit, including, but not limited to: length of employment, job title, and location of purchase.
What if my employer isn't listed?Many companies are receptive to employees' requests for this program. Contact Liz Koontz, Live Baltimore's Employer Outreach Manager, at 410-637-3750 x114 or by email for assistance in speaking with your employer.
__________________________________________
The subprime mortgage loan frauds are targeting houses at $400,000 ---$600,000 this allows an ARTIFICIAL RISE in property value. Add to this all the selective and targeted tax and cash back incentives and we see a house selling for $279,000 would end costing $200,000.
We want to begin by asking citizens to look a few decades down the road at what LIVING NEAR YOUR WORK will look like as we described global corporate campuses and global factories looking nothing like today's Baltimore row houses on campuses looking like today's Johns Hopkins or UMMS. The earliest start of far-right wing global banking 1% policy is gradual but will end looking 180 degrees from today's societal ideas of LIVING NEAR YOUR WORK.
First, we want to address the low-income housing structure tied to LIVE NEAR YOUR WORK. We have shouted for a decade against our 99% global labor pool immigrants being controlled by labor brokers with workers forced to move constantly living in housing that was substandard-----maybe no heating or lighting----still under construction or rehabbing and not safe for living. This labor broker chop shop structure has now extended from our 99% global labor pool to our US citizens poor and working class wanting only shelter and steady employment. As we stated, the subprime mortgage loan frauds have been tied to these dynamic labor broker chop shops making these housing situations even worse for community members wanting a stable tenet/homeowner anchor in communities. Do we not like our US citizens as low-income workers?
OF COURSE WE DO AND WE WANT THEM LIVING IN STANDARD HOUSING FOR A LONG-TERM.
So, what was SECTION 8 looks to have become chop shop housing operated by labor brokers who are generally tied to US city political machines and those 5% to the 1% black, white, and brown freemason/Greeks.
These chop shops are the lower-income end of LIVE NEAR YOUR WORK. The percentage of US workforce being tied to these chop shop housing structures is growing as fast as US citizens are pushed into poverty.
We have an entire generation of Baltimore citizens having been forced to play these few decades of ROBBER BARON frauds these real estate games. Many do not even know what EQUAL OPPORTUNITY AND ACCESS HOUSING laws and diversity community policies used to create stable housing for citizens and creating stable communities----looks like.
Baltimore homes sales, prices continued to climb in June
Sarah GantzContact Reporter
The Baltimore Sun July 12, 2017
Baltimore-area home sales and prices continued to climb in June as inventory dwindled.
Just more than 4,500 home sales closed in June, at a median price of $279,400, up 1.6 percent from the median sale price for the same month last year, according to a new report by ShowingTime.
Meanwhile, June marked the 21st consecutive month of declining inventory. Despite 5,851 new listings during the month, total active inventory was down 12.6 percent from June of last year, according to the monthly report, which is based on listing activity from MRIS, a division of the multiple listing service Bright MLS.
Tight inventory has benefited Baltimore’s lesser-known neighborhoods, as prospective home buyers are forced to expand their search, said Annie Milli, executive director of Live Baltimore, a nonprofit that promotes the benefits of living in Baltimore City.
“The neighborhoods seeing the most increase in activity are not the usual suspects,” Milli said. “When these neighborhoods do well, we see it as an indicator that buyers are comfortable expanding their search areas.”
When buyers can’t find what they’re looking for in the city’s more popular neighborhoods, they branch out to the adjacent areas.
From Baltimore to Florida to California and between — view photos of celebrity homes.
For example, Better Waverly in Northeast Baltimore has seen an uptick in sales as buyers fail to find a home in nearby Ednor Gardens, which has long been an in-demand neighborhood, Milli said.
Fourteen homes sold in Better Waverly in the first half of the year, compared to four sales in the same period last year, according to an analysis by Live Baltimore.
Across the city, 985 home sales closed, up 7.8 percent from June of last year. The median list price rose 5.8 percent from last year, to $154,950.
Carroll County saw the greatest increase in home sales and median sale price.
There, home sales were up 8.2 percent from the year before. The median sale price, $299,000, rose 7 percent from June of last year.
The steady march in home sales and prices shows continued buyer demand, despite declining inventory, said Jonathan Hill, a spokesman for MRIS.
“It shows the market is stable,” Hill said. “The market shows continued growth. There are still drivers in the market, buyer demand is still making appreciation of prices possible.”
Homes spent less time on the market and sold closer to their list prices, as buyers continued to scoop up new listings.
Homes spent a median of 19 days on the market in June, down from 22 days in the year-ago period.
Closing prices were, on average, 96.6 percent of the list price, up from 96.1 percent of list price last year, according to the report.
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When Baltimore City creates ARTIFICIAL housing value every which way but loose------it kills the ability of Baltimore long-term homeowners to get a return as this article states. Those new homeowners getting all kinds of subsidy bringing a $275,000 house not actually valued at that price down to a $200,000 closing cost will be paying HIGHER TAXES then the house is worth.
These new homeowners are always told to think of property values growing over a few decades but-----what downtown communities will look like as INDUSTRIALIZATION along the PORT OF BALTIMORE soars----is de-valuation.
Since global banking 1% are staging a few billion global labor pool filling our US CITIES DEEMED FOREIGN ECONOMIC ZONES-----waiting for those global corporate factories to be built------the chop shop labor broker housing will continue for our low-income citizens constantly tied to these VERY BAD EMPLOYMENT/HOUSING structures. If MOVING FORWARD continues with Greater Baltimore becoming nothing but miles of global corporate factories----then the chop shop will become factory dormitories. That is for what global Wall Street Baltimore Development is growing towards.......
Of course in the process of filling these US cities with global labor pool 99% ----today's US 99% caught in this system will be made EX-PATS facing third world global factory housing.
Incentives & Neighborhoods
The Johns Hopkins entity that employs you and the geographic location where you purchase a home determine the Live Near Your Work grant amount you are eligible to receive.
So, is a Baltimore citizen shouting against this kind of development a 'traitor' to city planning? OF COURSE NOT. Development of each Baltimore community can easily be done WITH JUSTICE under legal and honest goals. To FIX BALTIMORE is to get rid of these housing schemes meant to scam 99% of citizens tied to real estate.
Baltimore home sellers see low return on investment, Zillow finds
Sarah GantzContact Reporter
The Baltimore Sun Oct 3, 2017
“All of this slow steady growth is very positive to me because it’s sustainable,” said Annie Milli, executive director of Live Baltimore, which promotes home ownership in the city. “We’re growing at a rate that our residents can really come along.”
Baltimore homeowners who sold their property last year didn’t get much of a return on their investment — just $5,000 more than they paid, according to a new report from Zillow.
The return on investment for a home sold in Baltimore in 2016 was 5.4 percent — the lowest among 33 cities studied by Zillow, a real estate database company.
Sellers last year in some West Coast cities saw percentage gains more than 10 times higher than in Baltimore, as high growth in technology jobs continues to drive up their home values, sales and the general cost of living.
Oakland, Calif., topped the list with a 78 percent gain, followed by Portland, Ore., at 64.7 percent and San Jose, Calif., at 56.5 percent. The highest East Coast cities were No. 8 Philadelphia at 51.7 percent and No. 10 Boston at 49.6 percent.
But in Baltimore, a slower recovery in the housing market resulted in lower return on investment, said Aaron Terrazas, a senior economist with Zillow.
“The general state of the housing market, it h
as not recovered to the same degree as other housing markets have,” he said.
Some don’t necessarily see that as bad news.
“All of this slow steady growth is very positive to me because it’s sustainable,” said Annie Milli, executive director of Live Baltimore, which promotes home ownership in the city. “We’re growing at a rate that our residents can really come along.”
The average home sale price in Baltimore last year was $167,473, up 8.42 percent from the year before, according to MarketStats by ShowingTime, which tracks residential home sales in the area.
Baltimore home sellers also sold their homes more quickly than in some markets that saw more appreciation — just short of three and a half years before selling, according to Zillow.
That could be a reflection of more young and first-time homebuyers, as well as investment properties being bought, renovated and put back on the market in short period of time, Terrazas said.
Meanwhile, in the West Coast cities that topped Zillow’s list, he said, owners stayed in their homes between seven and nine years before selling, which could be a sign of more mature buyers who are purchasing homes they plan to stay in for a long time.
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When we see Baltimore LIVE or any of global Wall Street Baltimore Development 'labor and justice' organizations promote this idea of reduced property taxes----we see BALTIMORE LIVE saying as of 2013 as much as a 30% drop in property taxes will be phased in------we already know that drop in property taxes is tied with a residential community being handed over to a global corporation. The drop in property taxes goes to the corporation. Meanwhile, those NEW HOMEOWNERS in gentrifying communities thinking they are getting a deal on INFLATED HOME PRICES coming with tax breaks and cash back ----will see their property taxes soar to replace all this community real estate changing from residential to corporate with no taxation for corporations.
THERE IS NO GOAL OF DROPPING BALTIMORE PROPERTY TAXES ON HOMEOWNERS.
When new homeowners in Baltimore live a few years in our communities and see no real attempts at development---see the corruption and third world level of public services no longer public----and those tax breaks expire---they sell that house too early to get a return on investment. This happens over and over and over. DON'T WORRY SAYS BALTIMORE MAYOR PUGH----WE WILL BRING NEW PEOPLE TO BALTIMORE. Indeed, now it is those high-skilled global labor pool 99% being tied to these housing scams.
WHEN THE GOAL OF DOWNTOWN AND CITY CENTRAL IS INDUSTRIALIZATION AND MASSIVE GLOBAL CORPORATE CAMPUSES-----THERE WILL BE NO PROPERTY VALUE CLIMB.
The goal is having a small US city center filled with global 1% and their 2% and until MOVING FORWARD MASSIVE GLOBAL CORPORATE CAMPUS AND GLOBAL FACTORIES are installed, our working and middle-class trying to be homeowners are going to lose over and over again. This will be only a few decades-----so, a constant turnover of housing making Baltimore communities dynamic without stable, steady family homeowners/tenets.
This is a MASTER PLAN in place since late 1980s---90s-----all media and 5% black, white, and brown pols and players KNOW the goals and these media discussions allowing pols to pretend there is affordable housing with tax relief in the future are LYING, CHEATING, AND STEALING the dream of home-ownership.
What to do about Baltimore’s high taxes
By Len Lazarick October 6, 2015
A version of this article runs in this month’s Business Monthly serving Howard and Anne Arundel counties.
By Len Lazarick
Len@MarylandReporter.com
What to do about Baltimore’s high taxes?
It is an old question perplexing Maryland political leaders, but with new urgency. And there have been precious few new answers.
Fifty years ago, more than 900,000 people lived in Baltimore, a third of the population of Maryland. Over that half-century, that population has gone down by a third to 622,000, meaning almost as many people left Baltimore as live in all of Howard County today.
The people who remain are poorer and concentrated in those same areas as those shown in a redlining map from the 1930s. The head of the Baltimore Metropolitan Council showed that map to a Howard County Chamber of Commerce lunch at Baltimore’s Horseshoe Casino in July. The mortgage lending maps of the 1930s reinforced the racial segregation of Baltimore more than 80 years ago.
As Baltimore began to lose population in the 1960s, especially after the 1968 riots (which were much more widespread than the uprising this spring), one of the things city leaders did to maintain public services was to raise property taxes.
But as taxes went up, the population went down.
Double the rate
Now, Baltimore has a property tax rate of $2.248 per $100, more than twice as high as any in the state. That high rate is among one of the many factors holding the city’s population from growing again. By comparison, Baltimore County’s rate is half that at $1.10; Howard County’s is $1.014, and many other counties are under $1.00, including Anne Arundel, Montgomery and Prince George’s.
City officials know this, but have only been able to trim the rate by pennies. To make up for these exorbitant rates and attract new development to the city, they have granted big tax breaks to developers willing to build major new projects in the city, particularly the now bustling Harbor East area.
These tax breaks have created a major divide in the city, with new developments paying lower property taxes and older areas paying the same high rates. What to do about them was the subject of debate last month sponsored by the Maryland Public Policy Institute, a free market-oriented think tank.
Cutting the tax rate
The debate was not about whether to cut Baltimore’s property tax rate, but how much to cut it and how soon.
“Any cut is better than none; a bigger cut is better than a small cut,” said Louis Miserendino, a visiting fellow at the institute and director of the McMullen Scholars Program at Calvert Hall College High School.
He said Baltimore should follow the examples of San Francisco and Boston, which drastically cut their taxes to spur a revival in city living.
“Baltimore taxes are way too high,” agreed Matt Gallagher, head of the Goldseker Foundation and former chief of staff to Gov. Martin O’Malley.
Gallagher also headed Mayor O’Malley’s CitiStat program, and he brought a note of political and governing reality to the discussion at the University of Baltimore’s new Angelos Law School building.
Hmmmm, Baltimore is soaked in US Treasury and state municipal bond debt tied to Baltimore tax revenues during O'Malley's terms-----O'Malley worried about taxes being too high? REALLY?
Miserendino suggested that there should be a statewide cap on property taxes at 1.5%, a move which would only affect Baltimore property taxpayers. This would attract more people to live in the city and contribute to the state’s smart growth policies encouraging new development where infrastructure already exists. State taxpayers would then make up the difference in Baltimore’s lost revenues, much as California did for San Francisco in the 1970s, Miserendino said.
Wishful thinking
However, Gallagher said, “It’s wishful thinking that the state would fund this.
“We would have done it if we thought it could be done,” said Gallagher.
Gallagher’s solution is small cuts in the city property tax every single year on a predictable basis so that someone buying a home would know that their tax rate would gradually be going down. He also suggested renegotiating the deals the city has with the owners of one-third of city property that is not taxed at all, because it is owned by nonprofit institutions, in particular The Johns Hopkins University and Medical Institutions, and the University of Maryland. They already make some payments in lieu of taxes to the city.
Gallagher also pointed to major differences between Baltimore’s situation and that of San Francisco and Boston, particularly Baltimore’s “high concentrations of poor people” and the amount of money it spends on police: $450 million a year. (Baltimore has more police officers per citizen (46.3 per 10,000) than all but one major U.S. city, Newark, N.J.)
Jody Landers, a former City Council member who ran for mayor, suggested that Baltimore adopt the tiered property tax rates of the District of Columbia, which charges a much higher property tax rate for commercial real estate than it does for owner-occupied residential property. Washington, which had had a lower population than Baltimore for the last 60 years, now has 46,000 more people.
What it gets
Gallagher did not lay out the reasons that that the state would not help lower Baltimore’s tax rate, but most state legislators are well aware that Baltimore gets more state aid per capita than any other jurisdiction, at $1,953 — compared to a statewide average of $1,189. Most suburban counties get far less money back than their taxpayers pay the state.
In addition, the state spends $193 million to run the Baltimore City jail, central booking and its community college, which are functions other jurisdictions pay for themselves.
Hogan’s plans
Last month, Gov. Larry Hogan announced in a Baltimore Sun op-ed piece that his administration would be announcing “a series of innovative ideas that have the potential to deliver real change” for Baltimore.
These included “a plan to knock down blocks of derelict buildings that tarnish communities across Baltimore, replacing them with parks and other open spaces.” There already is such a program in Baltimore that O’Malley helped finance, but presumably Hogan is proposing to do it on a larger scale. Sun columnist Dan Rodricks responded, “send money, not a bulldozer,” which Republicans called a typical liberal reaction.
Hogan also promised a sustainable jobs program, and an alternative to the Red Line light rail project he rejected in June.
“My Transportation secretary, Pete Rahn, will unveil a new approach to transit that includes ideas to better move people around Baltimore, including dedicated corridors to rapidly move people East-West and North-South,” Hogan said.
Finally on education, Hogan promised, “My administration will vigorously pursue and support approaches to education that reject the status quo in order to make a real difference for students.”
The state already sends $913 million to Baltimore for its public schools, $11,310 per pupil, thousands more per student than all but the state’s smallest, poorest counties get. The city itself contributes a lower percentage of the school budget than any other jurisdiction.
For the moment, these are just generalities from Hogan. Since he continues to promise to cut taxes and spending, the city cannot expect a massive infusion of funds.
____________________________________________
Today, LIVING WHERE YOU WORK is seeing HOPKINS and UMMS for example, both are BIOTECH corporations expanding to building global PHARMA factories for example with headquarters in those global factory campuses and downtown UMMS/UnderArmour will be only industrial/global resort no longer needing LIVING WHERE YOU WORK----that structure is now in counties tied to whatever global foreign global factory these corporations partner with.
So, LIVE WHERE YOU WORK becomes Chinese-style FOREIGN ECONOMIC ZONES global corporate campus and global factory dormitory housing.
Who will be living in today's downtown and city center where all these real estate scams pretend to be gentrifying for middle-affluent class homeowners? Those global 1% and their 2%.
Rather than be soaked in taxes, fees, fines, property values artificially controlled at a whim by global Baltimore Development and global hedge fund IVY LEAGUE Johns Hopkins-----99% WE THE PEOPLE must rebuild each Baltimore community with local small business economies, real mixed-income housing by removing corporations from our HUD/BALTIMORE HOUSING AND DEVELOPMENT PUBLIC AGENCIES.
'Those bonds are to be repaid through new revenue generated on the property'.
As we see above, bonds to be repaid by new revenue generated on the property. This means of course no revenue will be going into Baltimore City coffers. This building as well is easily converted into corporate space as BIOTECH facility grows.
THIS IS NOT REAL AFFORDABLE HOUSING DEVELOPMENT.
Each new development----East Baltimore Johns Hopkins, Harbor East, now UMMS, Cove Point UnderArmour comes with these revenue structures -----all taxes that would be paid to stabilize greater Baltimore are captured to only these individual corporate campuses. As these sets of NEW APARTMENTS are made corporate office space what was affordable housing ---disappears.
New apartments in Poppleton get underway
Natalie ShermanContact ReporterThe Baltimore Sun Feb 23, 2017
Baltimore leaders are scheduled to gather Thursday to celebrate the start of construction of a new multimillion-dollar apartment building in Poppleton near the University of Maryland BioPark.
The project, part of a planned $460 million, 33-acre redevelopment, has been in the works for more than a decade, as the city acquired hundreds of properties for the site and the developer weathered the recession to secure financing. At one point, the two sides sparred in court over delays to the project, which is supposed to rebuild the area as the University of Maryland, Baltimore spreads.
The first phase is a six-story complex on Schroeder Street with about 260 apartments, 19,000 square feet of ground-floor retail, a dog park and a plaza in front of the historic Poe House. Most of the building's units will be market-rate, but about 20 percent are expected to be subsidized.
Two New York firms, La Cite Development and BRP Development Corp., are the developers for this part of the project, which was estimated in 2015 at more than $70 million. KeyBank Real Estate Capital provided $56.1 million in FHA-insured financing for the first phase. Baltimore also agreed in November to issue $12 million in bonds for infrastructure. Those bonds are to be repaid through new revenue generated on the property.
______________________________________________
Each new development----East Baltimore Johns Hopkins, Harbor East, now UMMS, Cove Point UnderArmour comes with these revenue structures -----all taxes that would be paid to stabilize greater Baltimore are captured to only these individual corporate campuses. As these sets of NEW APARTMENTS are made corporate office space what was affordable housing ---disappears. Here we see the partnerships overseas that will become those BIOTECH GLOBAL FACTORIES branching off from a HOPKINS going NORTH and from a UMMS going NORTH...............................
'The Chinese pharma company JHL Biotech opened its own KUBio plant in May in Wuhan, China'. Image credit: GE Healthcare Life Sciences'
'Biologics
Think Inside The Box: Pfizer Will Use GE’s Mobile Biotech Factory To Make Next-Generation Drugs In China
Jun 30, 2016 by Mark Egan'
No doubt with GE AND PFIZER building their global PHARMA BIOTECH in Chinese FOREIGN ECONOMIC ZONES----then US CITIES DEEMED FOREIGN ECONOMIC ZONES will bring these CHINESE GLOBAL PHARMA FACTORIES to partner with Johns Hopkins and UMMS BioTech Parks.
This is the goal of MOVING FORWARD in Baltimore and what we are told are affordable housing or GENTRIFYING communities will end being covered with these Chinese global PHARMA factories tied to manufacturing BIOLOGICS. General Electric has created a MOBILE factory----modeled on our US meth labs no doubt----to drop these facilities into any Chinese community for of course $2-6 LABOR with worker dormitories of course.
Keep in mind, while Baltimore City council allows these bond deals to capture all revenue generated in these NEW COMMUNITIES to stay in those communities-----the 99% of Baltimore citizens paying taxes at the highest rate in Maryland see those taxes go to these same NEW CORPORATE communities-----and not their communities.
Jul 24, 2013 @ 06:13 AM 52,082 2 Free Issues of Forbes
China's Top Pharmaceutical Companies In 2012 (List)
Russell Flannery , Forbes Staff
Unlike Chinese Internet companies that generally get good press, the country's pharmaceutical makers often seem to be in the news only when something bad happens. Yet the industry is one of the world’s largest. The China National Pharmaceutical Industry Information Center earlier this month posted a list of the industry’s largest businesses ranked by the value of their production for last year. The list named companies, but didn't provide their associated production values. Here's the top 25:
1. Guangzhou Pharmaceutical Holdings
2. Xiuzheng Pharmaceutical
3. Yangtze River Pharmaceutical Group
4. Harbin Pharmaceutical Group Holding
5. Weigao Holding
6. North China Pharmaceutical Group
7. CSPC Pharmaceutical Group
8. China National Pharmaceutical Group
9. Bayer BAYRY +0% HealthCare China
10. Shanghai Pharmaceuticals SHPMY +0% Holding
11. Kangmei Pharmaceutical
12. Hangzhou East China Pharmaceutical Group
13. Pfizer PFE +1.18%
14. Qilu Pharmaceutical
15. Shanghai Roche Holding RHHBY +0%
16. Buchang Pharma
17. China Yuanda Group
18. Sichuan Kelun Pharmaceutical
19. China Resources Sanjiu Medical and Pharmaceutical
20. Furen Pharmaceutical Group
21. Novo Nordisk
22. Yunnan Baiyao Group
23. Sanofi (Hangzhou)
24. Jiangsu Hengrui Medicine
25. Shanghai Fosun Pharmaceutical Group
-- with Nancy He
First, we want to address the low-income housing structure tied to LIVE NEAR YOUR WORK. We have shouted for a decade against our 99% global labor pool immigrants being controlled by labor brokers with workers forced to move constantly living in housing that was substandard-----maybe no heating or lighting----still under construction or rehabbing and not safe for living. This labor broker chop shop structure has now extended from our 99% global labor pool to our US citizens poor and working class wanting only shelter and steady employment. As we stated, the subprime mortgage loan frauds have been tied to these dynamic labor broker chop shops making these housing situations even worse for community members wanting a stable tenet/homeowner anchor in communities. Do we not like our US citizens as low-income workers?
OF COURSE WE DO AND WE WANT THEM LIVING IN STANDARD HOUSING FOR A LONG-TERM.
So, what was SECTION 8 looks to have become chop shop housing operated by labor brokers who are generally tied to US city political machines and those 5% to the 1% black, white, and brown freemason/Greeks.
These chop shops are the lower-income end of LIVE NEAR YOUR WORK. The percentage of US workforce being tied to these chop shop housing structures is growing as fast as US citizens are pushed into poverty.
The Live Near Your Work Benefit
Live Near Your Work is a homebuying incentive for individuals working in Baltimore City. Incentives are funded partially by employers and partially by the City of Baltimore. Funds can be used toward your downpayment or closing costs associated with the purchase of a home in Baltimore City.
Am I eligible?Over 100 employers have signed on to participate in the Live Near Your Work program. If yours is found in the list below: Congratulations! You can likely claim this benefit.
Contact your HR department or benefits manager for assistance in applying for the Live Near Your Work incentive. If you are unsure of the contact for your company, reach out to Liz Koontz, Live Baltimore's Employer Outreach Manager, at 410-637-3750 x114 or by email.
Please note that some employers place restrictions on their Live Near Your Work benefit, including, but not limited to: length of employment, job title, and location of purchase.
What if my employer isn't listed?Many companies are receptive to employees' requests for this program. Contact Liz Koontz, Live Baltimore's Employer Outreach Manager, at 410-637-3750 x114 or by email for assistance in speaking with your employer.
__________________________________________
The subprime mortgage loan frauds are targeting houses at $400,000 ---$600,000 this allows an ARTIFICIAL RISE in property value. Add to this all the selective and targeted tax and cash back incentives and we see a house selling for $279,000 would end costing $200,000.
We want to begin by asking citizens to look a few decades down the road at what LIVING NEAR YOUR WORK will look like as we described global corporate campuses and global factories looking nothing like today's Baltimore row houses on campuses looking like today's Johns Hopkins or UMMS. The earliest start of far-right wing global banking 1% policy is gradual but will end looking 180 degrees from today's societal ideas of LIVING NEAR YOUR WORK.
First, we want to address the low-income housing structure tied to LIVE NEAR YOUR WORK. We have shouted for a decade against our 99% global labor pool immigrants being controlled by labor brokers with workers forced to move constantly living in housing that was substandard-----maybe no heating or lighting----still under construction or rehabbing and not safe for living. This labor broker chop shop structure has now extended from our 99% global labor pool to our US citizens poor and working class wanting only shelter and steady employment. As we stated, the subprime mortgage loan frauds have been tied to these dynamic labor broker chop shops making these housing situations even worse for community members wanting a stable tenet/homeowner anchor in communities. Do we not like our US citizens as low-income workers?
OF COURSE WE DO AND WE WANT THEM LIVING IN STANDARD HOUSING FOR A LONG-TERM.
So, what was SECTION 8 looks to have become chop shop housing operated by labor brokers who are generally tied to US city political machines and those 5% to the 1% black, white, and brown freemason/Greeks.
These chop shops are the lower-income end of LIVE NEAR YOUR WORK. The percentage of US workforce being tied to these chop shop housing structures is growing as fast as US citizens are pushed into poverty.
We have an entire generation of Baltimore citizens having been forced to play these few decades of ROBBER BARON frauds these real estate games. Many do not even know what EQUAL OPPORTUNITY AND ACCESS HOUSING laws and diversity community policies used to create stable housing for citizens and creating stable communities----looks like.
Baltimore homes sales, prices continued to climb in June
Sarah GantzContact Reporter
The Baltimore Sun July 12, 2017
Baltimore-area home sales and prices continued to climb in June as inventory dwindled.
Just more than 4,500 home sales closed in June, at a median price of $279,400, up 1.6 percent from the median sale price for the same month last year, according to a new report by ShowingTime.
Meanwhile, June marked the 21st consecutive month of declining inventory. Despite 5,851 new listings during the month, total active inventory was down 12.6 percent from June of last year, according to the monthly report, which is based on listing activity from MRIS, a division of the multiple listing service Bright MLS.
Tight inventory has benefited Baltimore’s lesser-known neighborhoods, as prospective home buyers are forced to expand their search, said Annie Milli, executive director of Live Baltimore, a nonprofit that promotes the benefits of living in Baltimore City.
“The neighborhoods seeing the most increase in activity are not the usual suspects,” Milli said. “When these neighborhoods do well, we see it as an indicator that buyers are comfortable expanding their search areas.”
When buyers can’t find what they’re looking for in the city’s more popular neighborhoods, they branch out to the adjacent areas.
From Baltimore to Florida to California and between — view photos of celebrity homes.
For example, Better Waverly in Northeast Baltimore has seen an uptick in sales as buyers fail to find a home in nearby Ednor Gardens, which has long been an in-demand neighborhood, Milli said.
Fourteen homes sold in Better Waverly in the first half of the year, compared to four sales in the same period last year, according to an analysis by Live Baltimore.
Across the city, 985 home sales closed, up 7.8 percent from June of last year. The median list price rose 5.8 percent from last year, to $154,950.
Carroll County saw the greatest increase in home sales and median sale price.
There, home sales were up 8.2 percent from the year before. The median sale price, $299,000, rose 7 percent from June of last year.
The steady march in home sales and prices shows continued buyer demand, despite declining inventory, said Jonathan Hill, a spokesman for MRIS.
“It shows the market is stable,” Hill said. “The market shows continued growth. There are still drivers in the market, buyer demand is still making appreciation of prices possible.”
Homes spent less time on the market and sold closer to their list prices, as buyers continued to scoop up new listings.
Homes spent a median of 19 days on the market in June, down from 22 days in the year-ago period.
Closing prices were, on average, 96.6 percent of the list price, up from 96.1 percent of list price last year, according to the report.
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When Baltimore City creates ARTIFICIAL housing value every which way but loose------it kills the ability of Baltimore long-term homeowners to get a return as this article states. Those new homeowners getting all kinds of subsidy bringing a $275,000 house not actually valued at that price down to a $200,000 closing cost will be paying HIGHER TAXES then the house is worth.
These new homeowners are always told to think of property values growing over a few decades but-----what downtown communities will look like as INDUSTRIALIZATION along the PORT OF BALTIMORE soars----is de-valuation.
Since global banking 1% are staging a few billion global labor pool filling our US CITIES DEEMED FOREIGN ECONOMIC ZONES-----waiting for those global corporate factories to be built------the chop shop labor broker housing will continue for our low-income citizens constantly tied to these VERY BAD EMPLOYMENT/HOUSING structures. If MOVING FORWARD continues with Greater Baltimore becoming nothing but miles of global corporate factories----then the chop shop will become factory dormitories. That is for what global Wall Street Baltimore Development is growing towards.......
Of course in the process of filling these US cities with global labor pool 99% ----today's US 99% caught in this system will be made EX-PATS facing third world global factory housing.
Incentives & Neighborhoods
The Johns Hopkins entity that employs you and the geographic location where you purchase a home determine the Live Near Your Work grant amount you are eligible to receive.
So, is a Baltimore citizen shouting against this kind of development a 'traitor' to city planning? OF COURSE NOT. Development of each Baltimore community can easily be done WITH JUSTICE under legal and honest goals. To FIX BALTIMORE is to get rid of these housing schemes meant to scam 99% of citizens tied to real estate.
Baltimore home sellers see low return on investment, Zillow finds
Sarah GantzContact Reporter
The Baltimore Sun Oct 3, 2017
“All of this slow steady growth is very positive to me because it’s sustainable,” said Annie Milli, executive director of Live Baltimore, which promotes home ownership in the city. “We’re growing at a rate that our residents can really come along.”
Baltimore homeowners who sold their property last year didn’t get much of a return on their investment — just $5,000 more than they paid, according to a new report from Zillow.
The return on investment for a home sold in Baltimore in 2016 was 5.4 percent — the lowest among 33 cities studied by Zillow, a real estate database company.
Sellers last year in some West Coast cities saw percentage gains more than 10 times higher than in Baltimore, as high growth in technology jobs continues to drive up their home values, sales and the general cost of living.
Oakland, Calif., topped the list with a 78 percent gain, followed by Portland, Ore., at 64.7 percent and San Jose, Calif., at 56.5 percent. The highest East Coast cities were No. 8 Philadelphia at 51.7 percent and No. 10 Boston at 49.6 percent.
But in Baltimore, a slower recovery in the housing market resulted in lower return on investment, said Aaron Terrazas, a senior economist with Zillow.
“The general state of the housing market, it h
as not recovered to the same degree as other housing markets have,” he said.
Some don’t necessarily see that as bad news.
“All of this slow steady growth is very positive to me because it’s sustainable,” said Annie Milli, executive director of Live Baltimore, which promotes home ownership in the city. “We’re growing at a rate that our residents can really come along.”
The average home sale price in Baltimore last year was $167,473, up 8.42 percent from the year before, according to MarketStats by ShowingTime, which tracks residential home sales in the area.
Baltimore home sellers also sold their homes more quickly than in some markets that saw more appreciation — just short of three and a half years before selling, according to Zillow.
That could be a reflection of more young and first-time homebuyers, as well as investment properties being bought, renovated and put back on the market in short period of time, Terrazas said.
Meanwhile, in the West Coast cities that topped Zillow’s list, he said, owners stayed in their homes between seven and nine years before selling, which could be a sign of more mature buyers who are purchasing homes they plan to stay in for a long time.
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When we see Baltimore LIVE or any of global Wall Street Baltimore Development 'labor and justice' organizations promote this idea of reduced property taxes----we see BALTIMORE LIVE saying as of 2013 as much as a 30% drop in property taxes will be phased in------we already know that drop in property taxes is tied with a residential community being handed over to a global corporation. The drop in property taxes goes to the corporation. Meanwhile, those NEW HOMEOWNERS in gentrifying communities thinking they are getting a deal on INFLATED HOME PRICES coming with tax breaks and cash back ----will see their property taxes soar to replace all this community real estate changing from residential to corporate with no taxation for corporations.
THERE IS NO GOAL OF DROPPING BALTIMORE PROPERTY TAXES ON HOMEOWNERS.
When new homeowners in Baltimore live a few years in our communities and see no real attempts at development---see the corruption and third world level of public services no longer public----and those tax breaks expire---they sell that house too early to get a return on investment. This happens over and over and over. DON'T WORRY SAYS BALTIMORE MAYOR PUGH----WE WILL BRING NEW PEOPLE TO BALTIMORE. Indeed, now it is those high-skilled global labor pool 99% being tied to these housing scams.
WHEN THE GOAL OF DOWNTOWN AND CITY CENTRAL IS INDUSTRIALIZATION AND MASSIVE GLOBAL CORPORATE CAMPUSES-----THERE WILL BE NO PROPERTY VALUE CLIMB.
The goal is having a small US city center filled with global 1% and their 2% and until MOVING FORWARD MASSIVE GLOBAL CORPORATE CAMPUS AND GLOBAL FACTORIES are installed, our working and middle-class trying to be homeowners are going to lose over and over again. This will be only a few decades-----so, a constant turnover of housing making Baltimore communities dynamic without stable, steady family homeowners/tenets.
This is a MASTER PLAN in place since late 1980s---90s-----all media and 5% black, white, and brown pols and players KNOW the goals and these media discussions allowing pols to pretend there is affordable housing with tax relief in the future are LYING, CHEATING, AND STEALING the dream of home-ownership.
What to do about Baltimore’s high taxes
By Len Lazarick October 6, 2015
A version of this article runs in this month’s Business Monthly serving Howard and Anne Arundel counties.
By Len Lazarick
Len@MarylandReporter.com
What to do about Baltimore’s high taxes?
It is an old question perplexing Maryland political leaders, but with new urgency. And there have been precious few new answers.
Fifty years ago, more than 900,000 people lived in Baltimore, a third of the population of Maryland. Over that half-century, that population has gone down by a third to 622,000, meaning almost as many people left Baltimore as live in all of Howard County today.
The people who remain are poorer and concentrated in those same areas as those shown in a redlining map from the 1930s. The head of the Baltimore Metropolitan Council showed that map to a Howard County Chamber of Commerce lunch at Baltimore’s Horseshoe Casino in July. The mortgage lending maps of the 1930s reinforced the racial segregation of Baltimore more than 80 years ago.
As Baltimore began to lose population in the 1960s, especially after the 1968 riots (which were much more widespread than the uprising this spring), one of the things city leaders did to maintain public services was to raise property taxes.
But as taxes went up, the population went down.
Double the rate
Now, Baltimore has a property tax rate of $2.248 per $100, more than twice as high as any in the state. That high rate is among one of the many factors holding the city’s population from growing again. By comparison, Baltimore County’s rate is half that at $1.10; Howard County’s is $1.014, and many other counties are under $1.00, including Anne Arundel, Montgomery and Prince George’s.
City officials know this, but have only been able to trim the rate by pennies. To make up for these exorbitant rates and attract new development to the city, they have granted big tax breaks to developers willing to build major new projects in the city, particularly the now bustling Harbor East area.
These tax breaks have created a major divide in the city, with new developments paying lower property taxes and older areas paying the same high rates. What to do about them was the subject of debate last month sponsored by the Maryland Public Policy Institute, a free market-oriented think tank.
Cutting the tax rate
The debate was not about whether to cut Baltimore’s property tax rate, but how much to cut it and how soon.
“Any cut is better than none; a bigger cut is better than a small cut,” said Louis Miserendino, a visiting fellow at the institute and director of the McMullen Scholars Program at Calvert Hall College High School.
He said Baltimore should follow the examples of San Francisco and Boston, which drastically cut their taxes to spur a revival in city living.
“Baltimore taxes are way too high,” agreed Matt Gallagher, head of the Goldseker Foundation and former chief of staff to Gov. Martin O’Malley.
Gallagher also headed Mayor O’Malley’s CitiStat program, and he brought a note of political and governing reality to the discussion at the University of Baltimore’s new Angelos Law School building.
Hmmmm, Baltimore is soaked in US Treasury and state municipal bond debt tied to Baltimore tax revenues during O'Malley's terms-----O'Malley worried about taxes being too high? REALLY?
Miserendino suggested that there should be a statewide cap on property taxes at 1.5%, a move which would only affect Baltimore property taxpayers. This would attract more people to live in the city and contribute to the state’s smart growth policies encouraging new development where infrastructure already exists. State taxpayers would then make up the difference in Baltimore’s lost revenues, much as California did for San Francisco in the 1970s, Miserendino said.
Wishful thinking
However, Gallagher said, “It’s wishful thinking that the state would fund this.
“We would have done it if we thought it could be done,” said Gallagher.
Gallagher’s solution is small cuts in the city property tax every single year on a predictable basis so that someone buying a home would know that their tax rate would gradually be going down. He also suggested renegotiating the deals the city has with the owners of one-third of city property that is not taxed at all, because it is owned by nonprofit institutions, in particular The Johns Hopkins University and Medical Institutions, and the University of Maryland. They already make some payments in lieu of taxes to the city.
Gallagher also pointed to major differences between Baltimore’s situation and that of San Francisco and Boston, particularly Baltimore’s “high concentrations of poor people” and the amount of money it spends on police: $450 million a year. (Baltimore has more police officers per citizen (46.3 per 10,000) than all but one major U.S. city, Newark, N.J.)
Jody Landers, a former City Council member who ran for mayor, suggested that Baltimore adopt the tiered property tax rates of the District of Columbia, which charges a much higher property tax rate for commercial real estate than it does for owner-occupied residential property. Washington, which had had a lower population than Baltimore for the last 60 years, now has 46,000 more people.
What it gets
Gallagher did not lay out the reasons that that the state would not help lower Baltimore’s tax rate, but most state legislators are well aware that Baltimore gets more state aid per capita than any other jurisdiction, at $1,953 — compared to a statewide average of $1,189. Most suburban counties get far less money back than their taxpayers pay the state.
In addition, the state spends $193 million to run the Baltimore City jail, central booking and its community college, which are functions other jurisdictions pay for themselves.
Hogan’s plans
Last month, Gov. Larry Hogan announced in a Baltimore Sun op-ed piece that his administration would be announcing “a series of innovative ideas that have the potential to deliver real change” for Baltimore.
These included “a plan to knock down blocks of derelict buildings that tarnish communities across Baltimore, replacing them with parks and other open spaces.” There already is such a program in Baltimore that O’Malley helped finance, but presumably Hogan is proposing to do it on a larger scale. Sun columnist Dan Rodricks responded, “send money, not a bulldozer,” which Republicans called a typical liberal reaction.
Hogan also promised a sustainable jobs program, and an alternative to the Red Line light rail project he rejected in June.
“My Transportation secretary, Pete Rahn, will unveil a new approach to transit that includes ideas to better move people around Baltimore, including dedicated corridors to rapidly move people East-West and North-South,” Hogan said.
Finally on education, Hogan promised, “My administration will vigorously pursue and support approaches to education that reject the status quo in order to make a real difference for students.”
The state already sends $913 million to Baltimore for its public schools, $11,310 per pupil, thousands more per student than all but the state’s smallest, poorest counties get. The city itself contributes a lower percentage of the school budget than any other jurisdiction.
For the moment, these are just generalities from Hogan. Since he continues to promise to cut taxes and spending, the city cannot expect a massive infusion of funds.
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Today, LIVING WHERE YOU WORK is seeing HOPKINS and UMMS for example, both are BIOTECH corporations expanding to building global PHARMA factories for example with headquarters in those global factory campuses and downtown UMMS/UnderArmour will be only industrial/global resort no longer needing LIVING WHERE YOU WORK----that structure is now in counties tied to whatever global foreign global factory these corporations partner with.
So, LIVE WHERE YOU WORK becomes Chinese-style FOREIGN ECONOMIC ZONES global corporate campus and global factory dormitory housing.
Who will be living in today's downtown and city center where all these real estate scams pretend to be gentrifying for middle-affluent class homeowners? Those global 1% and their 2%.
Rather than be soaked in taxes, fees, fines, property values artificially controlled at a whim by global Baltimore Development and global hedge fund IVY LEAGUE Johns Hopkins-----99% WE THE PEOPLE must rebuild each Baltimore community with local small business economies, real mixed-income housing by removing corporations from our HUD/BALTIMORE HOUSING AND DEVELOPMENT PUBLIC AGENCIES.
'Those bonds are to be repaid through new revenue generated on the property'.
As we see above, bonds to be repaid by new revenue generated on the property. This means of course no revenue will be going into Baltimore City coffers. This building as well is easily converted into corporate space as BIOTECH facility grows.
THIS IS NOT REAL AFFORDABLE HOUSING DEVELOPMENT.
Each new development----East Baltimore Johns Hopkins, Harbor East, now UMMS, Cove Point UnderArmour comes with these revenue structures -----all taxes that would be paid to stabilize greater Baltimore are captured to only these individual corporate campuses. As these sets of NEW APARTMENTS are made corporate office space what was affordable housing ---disappears.
New apartments in Poppleton get underway
Natalie ShermanContact ReporterThe Baltimore Sun Feb 23, 2017
Baltimore leaders are scheduled to gather Thursday to celebrate the start of construction of a new multimillion-dollar apartment building in Poppleton near the University of Maryland BioPark.
The project, part of a planned $460 million, 33-acre redevelopment, has been in the works for more than a decade, as the city acquired hundreds of properties for the site and the developer weathered the recession to secure financing. At one point, the two sides sparred in court over delays to the project, which is supposed to rebuild the area as the University of Maryland, Baltimore spreads.
The first phase is a six-story complex on Schroeder Street with about 260 apartments, 19,000 square feet of ground-floor retail, a dog park and a plaza in front of the historic Poe House. Most of the building's units will be market-rate, but about 20 percent are expected to be subsidized.
Two New York firms, La Cite Development and BRP Development Corp., are the developers for this part of the project, which was estimated in 2015 at more than $70 million. KeyBank Real Estate Capital provided $56.1 million in FHA-insured financing for the first phase. Baltimore also agreed in November to issue $12 million in bonds for infrastructure. Those bonds are to be repaid through new revenue generated on the property.
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Each new development----East Baltimore Johns Hopkins, Harbor East, now UMMS, Cove Point UnderArmour comes with these revenue structures -----all taxes that would be paid to stabilize greater Baltimore are captured to only these individual corporate campuses. As these sets of NEW APARTMENTS are made corporate office space what was affordable housing ---disappears. Here we see the partnerships overseas that will become those BIOTECH GLOBAL FACTORIES branching off from a HOPKINS going NORTH and from a UMMS going NORTH...............................
'The Chinese pharma company JHL Biotech opened its own KUBio plant in May in Wuhan, China'. Image credit: GE Healthcare Life Sciences'
'Biologics
Think Inside The Box: Pfizer Will Use GE’s Mobile Biotech Factory To Make Next-Generation Drugs In China
Jun 30, 2016 by Mark Egan'
No doubt with GE AND PFIZER building their global PHARMA BIOTECH in Chinese FOREIGN ECONOMIC ZONES----then US CITIES DEEMED FOREIGN ECONOMIC ZONES will bring these CHINESE GLOBAL PHARMA FACTORIES to partner with Johns Hopkins and UMMS BioTech Parks.
This is the goal of MOVING FORWARD in Baltimore and what we are told are affordable housing or GENTRIFYING communities will end being covered with these Chinese global PHARMA factories tied to manufacturing BIOLOGICS. General Electric has created a MOBILE factory----modeled on our US meth labs no doubt----to drop these facilities into any Chinese community for of course $2-6 LABOR with worker dormitories of course.
Keep in mind, while Baltimore City council allows these bond deals to capture all revenue generated in these NEW COMMUNITIES to stay in those communities-----the 99% of Baltimore citizens paying taxes at the highest rate in Maryland see those taxes go to these same NEW CORPORATE communities-----and not their communities.
Jul 24, 2013 @ 06:13 AM 52,082 2 Free Issues of Forbes
China's Top Pharmaceutical Companies In 2012 (List)
Russell Flannery , Forbes Staff
Unlike Chinese Internet companies that generally get good press, the country's pharmaceutical makers often seem to be in the news only when something bad happens. Yet the industry is one of the world’s largest. The China National Pharmaceutical Industry Information Center earlier this month posted a list of the industry’s largest businesses ranked by the value of their production for last year. The list named companies, but didn't provide their associated production values. Here's the top 25:
1. Guangzhou Pharmaceutical Holdings
2. Xiuzheng Pharmaceutical
3. Yangtze River Pharmaceutical Group
4. Harbin Pharmaceutical Group Holding
5. Weigao Holding
6. North China Pharmaceutical Group
7. CSPC Pharmaceutical Group
8. China National Pharmaceutical Group
9. Bayer BAYRY +0% HealthCare China
10. Shanghai Pharmaceuticals SHPMY +0% Holding
11. Kangmei Pharmaceutical
12. Hangzhou East China Pharmaceutical Group
13. Pfizer PFE +1.18%
14. Qilu Pharmaceutical
15. Shanghai Roche Holding RHHBY +0%
16. Buchang Pharma
17. China Yuanda Group
18. Sichuan Kelun Pharmaceutical
19. China Resources Sanjiu Medical and Pharmaceutical
20. Furen Pharmaceutical Group
21. Novo Nordisk
22. Yunnan Baiyao Group
23. Sanofi (Hangzhou)
24. Jiangsu Hengrui Medicine
25. Shanghai Fosun Pharmaceutical Group
-- with Nancy He
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