At this point in the cycle, it costs around $700-800K a piece to build a single affordable housing unit. https://medium.com/@Scott_Wiener/market-rate-housing-isnt-a-bad-word-and-we-won-t-solve-the-housing-crisis-without-it-ce67c06aff4d …
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I see. Noticed Sac bldg & commented bc our current housing policy is effectively 100% market rate. Building boom has not arrived yet.
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