Re:How Has San Francisco Run Out of Money for Affordable Hou...
by matchbok on Monday November 12, 2018 @03:07PM
(#18435251)
Maybe. But really, any mandate is going to distort supply and push the costs to other people. What used to be taxpayer-funded housing is now market-rate housing that is funding subsidized apartments.
It's really impossible to know how much housing isn't getting built or how much more expensive market-rate apartments are because of these programs. It's a hidden cost - and probably why it's so popular.
It's really impossible to know how much housing isn't getting built or how much more expensive market-rate apartments are because of these programs. It's a hidden cost - and probably why it's so popular.