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They have- but not at a price ordinary people can afford. Trickle down is the great Reaganite lie of the "moderates"
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while filtering is real, the more immediate mechanism is absorption
What happens when you chronically underbuild for decades? See example: Bay Area
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This isn't an either/or. We fund subsidized housing FROM market rate housing.
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When we build housing we take the pressure off existing tenants AND we subsidize low income residents.
End of conversation
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yeah which is why I support the 18% level recommended by the city controller. Maximizes aff housing built
End of conversation
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