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The Profit Motive Behind Housing Migrants in Luxury Hotels and Historic Buildings
In this revealing video clip, the speaker exposes the financial incentives behind housing migrants in luxury hotels and historic buildings in New York City. The conversation highlights how many of these hotels were on the brink of bankruptcy before joining the migrant shelter program, which now guarantees maximum occupancy and pays a premium of up to $300 per room. This arrangement allows the hotels to make more money than ever before without having to invest in advertising or managing bookings. The video also features footage of a migrant shelter located in a Wall Street building, emphasizing the irony of housing migrants in a high-end, iconic location. This thought-provoking discussion invites viewers to consider the potential financial motivations behind the placement of migrant shelters in luxury properties and to critically examine the role of profit in shaping social services and policies.
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