Couple things I, a baby brain on housing, wanna say about this and what's been going on with anti-development in the name of anti-gentrification/pro-"the community."
Socialists feel free to tell me why/how I am wrong here but...have the information please. YIMBYs you hush. https://twitter.com/ProtectSunset/status/1326148271614595073
Socialists feel free to tell me why/how I am wrong here but...have the information please. YIMBYs you hush. https://twitter.com/ProtectSunset/status/1326148271614595073
Firstly I think the % mix of most projects is way off. Most units should be affordable and at way lower %s of AMI because that is where the actual need is. People with economic mobility have their pick already.
But what I don't know is how these things pencil out otherwise.
But what I don't know is how these things pencil out otherwise.
The socialist in me is like "tax the rich, money is fake" etc etc. The more....UGH, cant believe i'm saying this but...neol
neolib
omg...NEOLIBERAL side (.00001%) of me)is like.....just let wealthier people pay for it with their rents??


A 40 unit building with 40 affordable units is 100% affordable.
Why can't we//////add some market-rate units on top???
The 40 affordable homes don't go away!
Why can't we//////add some market-rate units on top???
The 40 affordable homes don't go away!
i DO think there is something to the findings out in Michigan (I think) that market-rate properties lower the price for that specific submarket only, and cause lower-end units rents to rise as the nabe gets warm.
But there's easily non-market based solutions that prevent that.
But there's easily non-market based solutions that prevent that.
(ok maybe not easily but) like..... rent control and so on.
and turning units into tenant owned coops. which is what my 16-story giant complex did in the 70s.
and turning units into tenant owned coops. which is what my 16-story giant complex did in the 70s.