Turning the affordability % into a political token adds uncertainty, mispricing into land acquisition in developmenthttps://twitter.com/CityLab/status/730151570105630720 …
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@RFrances2 the lower-wage ones can't afford it. The higher income earning ones will stay & cos can afford to pay to keep them.
@kimmaicutler May be true but hope you're around to document inevitable downturn.Current sys (35% of high income 4 rent) seems unsustainable
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