@chrsdcook the program *uses* market rate housing to fund 30% middle income housing. It's not a raw supply program.
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Replying to @kimmaicutler
@kimmaicutler can't speak to his comment, but market rate to fund 30% middle income is not enough. Not in this housing crisis.2 replies 0 retweets 1 like -
Replying to @chrsdcook
@chrsdcook you look at the financial math and see what's actually possible2 replies 0 retweets 4 likes -
Replying to @kimmaicutler
@kimmaicutler but as you know, huge developer profits padded into "costs"– up to 30% profits.2 replies 0 retweets 0 likes -
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Replying to @kimmaicutler
@kimmaicutler true, of course. But why not shoot for as much affordability as possible rather than defending current system?1 reply 0 retweets 1 like -
Replying to @chrsdcook
@chrsdcook the current system is total paralysis in the face of relentless capital, population growth2 replies 0 retweets 6 likes -
Replying to @kimmaicutler
@kimmaicutler not true, there's been tons of construction. you think city should just enable capital and population growth w/out controls?2 replies 0 retweets 1 like -
Replying to @chrsdcook
@chrsdcook we've had 10-20K ppl move her per year. Built 4K units last year but only 1K for most of the years before that.1 reply 0 retweets 2 likes -
Replying to @kimmaicutler
@kimmaicutler so let's build maximum affordable housing, density and otherwise, keep the city affordable and diverse, not just any housing.2 replies 0 retweets 2 likes
@chrsdcook that's what this program is trying to do.
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