3 ms·
I'm not sure I'm that much of a conspiracy theorist, but I definitely don't buy what's being sold; making housing affordable. Affordable to me doesn't mean you
by Rapzid 10y ago
I'm not sure I'm that much of a conspiracy theorist, but I definitely don't buy what's being sold; making housing affordable. Affordable to me doesn't mean you can physically locate yourself in SF, it means you can own a home while growing your wealth and saving for retirement. The old wisdom was 1/3 your take home for housing, max.
If people really want to talk about making housing affordable lets here what affordable means to them and how many new homes at what price would be required to get us there. Yes, I KNOW if you build enough homes prices will drop. Tell me what the target is and how many homes are enough. Otherwise, yeah, it smells like people with some sorta ulterior motive selling snake oil.