Re:Homelessness rises faster where rent exceeds a third of i...
by dragonwriter on Monday January 03, 2022 @01:45PM
(#29784555)
> PHIMBYs
Basically don't exist. AHIMBYs do, but even people who demand affordable units don't want public units anywhere close to where they live.
> But the elephant in the room is that so much resistance comes from poor people who think “luxury housing” (aka anything market rate) will lead to more gentrification.
In any place without open space, the only way to build new housing is redevelopement; if you target the top of the market (which is what “market rate” housing means), you cannot have any hyperlocal (and wider, on a short-term scale) effect besides more gentrification.
The intermediate term, wider area (but still somewhat local) effect may be more affordable housing as existing housing becomes more down-market through competitive forces, but that also could be offset by further increasing nonhousing costs and reduction in nonhousing services targeting the lower income segment as the gentrifiers reshape local markets.
Basically don't exist. AHIMBYs do, but even people who demand affordable units don't want public units anywhere close to where they live.
> But the elephant in the room is that so much resistance comes from poor people who think “luxury housing” (aka anything market rate) will lead to more gentrification.
In any place without open space, the only way to build new housing is redevelopement; if you target the top of the market (which is what “market rate” housing means), you cannot have any hyperlocal (and wider, on a short-term scale) effect besides more gentrification.
The intermediate term, wider area (but still somewhat local) effect may be more affordable housing as existing housing becomes more down-market through competitive forces, but that also could be offset by further increasing nonhousing costs and reduction in nonhousing services targeting the lower income segment as the gentrifiers reshape local markets.