Re:Baby boomers are becoming homeless at a rate not seen sin...
by dukeyukey on Monday September 25, 2023 @01:36PM
(#37647636)
> What government policy would allow for a 2k apartment building and not a $500 apartment building?
At least in the UK, it's because there's pushback against perceived "luxury" flats being built rather than affordable places. That luxury flats are still 2-bedroom 600sqft starter homes doesn't really come into it, it's the class of people each is perceived to be for.
So local governments block mid-and-high end housing in favour of fewer, worse, cheaper homes instead.
At least in the UK, it's because there's pushback against perceived "luxury" flats being built rather than affordable places. That luxury flats are still 2-bedroom 600sqft starter homes doesn't really come into it, it's the class of people each is perceived to be for.
So local governments block mid-and-high end housing in favour of fewer, worse, cheaper homes instead.