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Why do YIMBYs and affordable housing advocates keep fighting each other? Current theory is YIMBYs have concluded that development reduces mean housing costs and affordable housing advocates conclude luxury development reduces affordable housing. But these beliefs don't contradict
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The primary funding source for Affordable Housing is not taxes on Market Rate Housing, and shouldn't be. It we do that, we'll never get enough of either. We should directly subsidize a ton of Affordable housing through taxes, bonds, etc.
Zoning restrictions don't help us get Affordable Housing. Sometimes a few big cities use the "granting of density" as a carrot to get market rate developers to give more funding to Affordable Housing. We have mixed feelings about these kinds of policies.
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You can often get into situations where folks are demanding really high levels of funding for Affordable Housing such that in the end nothing pencils, so we lose both Golden Eggs (affordable housing) and the goose (market rate housing). As fans of gooses and eggs, this is bad.
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This is where the "YIMBYs don't support Affordable Housing" argument largely comes from. We've generally advocated for Inclusionary Housing that is "feasible" which has put us at odd with folks who think IZ can be any rate and they don't care if it kills some projects.
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