You might have heard that landlords are going crazy about COPA. Word is spreading that the City Council aims to reduce rents by giving nonprofits an exclusive window to buy apartment buildings before profiteers can. Council members are close to voting on a bill from Sandy Nurse called the Community Opportunity to Purchase Act. If COPA is a good idea, why not apply the same logic to things besides housing? After all, the affordability problem is also about food, clothing, energy and other necessities. Take supermarkets, for example. These profit-seeking institutions buy food from wholesalers, then mark up the prices […]
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