Re:Goodbye, New York, California and Illinois – Hello where?
by jefftk on Saturday January 18, 2020 @02:36PM
(#22086528)
There are several ways to handle this, but a common one is to have a deed restriction that sets a maximum resale price and requires the buyer to meet income eligibility criteria.
I wrote some about this, and about how I'm worried that wealthy people could abuse this, in https://www.jefftk.com/p/affordable-housing-workarounds