YIMBY: Build enough market-rate housing, eventually rich folks will stop competing with poor, working- and middle-class people for apartments. PHIMBY: Build enough social housing, eventually poor, working- and middle-class people will stop competing with rich folks for housing.
-
-
Also for the 100% affordable projects I’ve seen, the land cost is a fraction of construction cost. Eg for this recently approved project, construction costs are budgeted to be 7x land value... and that’s in one of the priciest areas of the East Bay.https://www.berkeleyside.com/2018/11/14/affordable-housing-for-seniors-approved-by-berkeley-zoning-board …
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.