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It seems too easy to respond to people concerned about affordable housing with "well look at all that affordable housing over there!"

As Alex B and AWITC point out, there are additional costs to those places so just hand-waving it away isn't a solution. We need to create more places with good connections and more housing in existing demand areas to soak up demand.

Also have we ever admitted that there is a cost to other tenants in providing required low-income units in a development or is that still an un-mentionable.

There is no requirement for low-income units unless you want to build more than is allowed by-right (IZ). And in that case, you end up making more profit than you would by-right. Doesn't look like a cost to me, looks like a benefit to both low-income people (more housing) and developers (more profit). And since rents are set by market rates, there isn't an extra cost to other tenants, because the developer can't get more per-unit for the larger building in the same place than the smaller one.

by MLD on Dec 19, 2012 1:52 pm • linkreport

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