Christian OsgoodCEO, Multifamily Strategy · CEO at Multifamily Strategy

Locals request bedbug infestations left untreated

20 Sept 2024 · 1 min

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0:55

In this monologue, Christian Osgood passionately describes his organization’s initiative to provide affordable housing in Stephenville, Texas. Facing a severe shortage of low‑income housing, they approached local housing authorities and landlords, only to encounter resistance and a lack of cooperation. Osgood’s team purchased dilapidated buildings plagued by mold, bed‑bug infestations, and outdated fire‑alarm systems, then undertook extensive remediation to meet basic safety and livability standards. He criticizes local property owners for neglecting these problems and accuses them of “ruining” the town by refusing to help. Despite community pushback, Osgood frames the effort as a necessary intervention to house homeless and low‑income residents, emphasizing love for the town’s economics and people while expressing frustration toward those opposing the project.

Chapters

Alright, we haven't done a roast like this for a while, but I am fired up. We launched this video on why we love Stephenville, Texas, while we're providing affordable housing here. And there was a huge need. We went to all the adjacent housing authorities and housing groups, and they're like, yeah, we can't place people. None of the landlords help us work with low-income housing. Very, very hard. Lots of people to place. We come in, we offer subsidized housing, and we bought these buildings where we had to clean up mold, bed bugs, fire alarms were like 10 years out of date. So basic safety and livability are not being met. We provide affordable housing. This is what the locals who didn't fix the problem do. They could have bought these deals. They could have helped their community, but no, we come in and clean up stuff. They go, you're ruining your town. We want the homeless. We don't want people in houses. We don't want, uh, we want bedbug units. We love hoarders. It's like, guys, clean up your shit or we'll do it for you. But either way, these people need housing. We're going to go ahead and provide it. Uh, love this town, love the economics, love the people, uh, except for this guy.