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Re:As New York Rents Soar, Public Housing Becomes Lifelong R... by hollerith on Tuesday August 04, 2015 @07:02PM (#10006883)
In the US, tenants in subsidized housing pay 30% of their income as rent, which avoids the specific policy failure you describe.

(Actually, I think they have the option of paying the "contract rent", which is an approximation of the market rate, if that is cheaper for them.)

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