Re:A lot more market-rate construction helps low-income rent...
by realjakedoe on Tuesday March 24, 2015 @05:24AM
(#9255557)
And a lot more subsidy-rate construction helps low-income renters even more. Go figure.
If we have more market-rate construction, low-income renters would mostly have to pay market rate which would always be above subsidy rate. Because if the market rates are low there is less construction.
If there are not enough housing units in the current high price market it is not the fault of subsidies. The return of investment in other markets is apparently even better.
If we have more market-rate construction, low-income renters would mostly have to pay market rate which would always be above subsidy rate. Because if the market rates are low there is less construction. If there are not enough housing units in the current high price market it is not the fault of subsidies. The return of investment in other markets is apparently even better.