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You’re being so pedantic as to be completely wrong. Affordable does not mean that at least one person on the planet could theoretically purchase it.
by 1_2__4 9y ago
You’re being so pedantic as to be completely wrong. Affordable does not mean that at least one person on the planet could theoretically purchase it.
- deleted 9y ago[deleted]
- CobrastanJorji 9y agoYou're arguing different things. You're using a plain English version of the definition of "affordable," beaner is trying to describe the real estate term of art "affordable housing." https://en.wikipedia.org/wiki/Affordable_housing https://en.wikipedia.org/wiki/Affordable_housing
- beaner 9y agoI don't think there's anything pedantic about it. The term "affordable housing" implies that housing which isn't subsidized isn't affordable. But the vast majority of housing is bought, sold, and owned by regular people without subsidizing. The term is not accurate at all. The fraction of housing that is only available to a number of people in the single digits is so small as to not be worth considering. "All but 0.0001% of housing is affordable" would be pedantic; "all housing is affordable" is not.
- dragonwriter 9y ago> I don't think there's anything pedantic about it. The term "affordable housing" implies that housing which isn't subsidized isn't affordable. No, it doesn't, because “affordable” doesn't mean “subsidized”, it means the purchase or rental cost is (and, usually when it comes to rental-committed units in a development plan, is guaranteed by contract or some other binding arrangement to remain) within the U.S. Department of Housing and Urban Development’s income-based affordability guidelines for a specified income level; in the case of the plan under discussion, that income level being 50% of the Areawide Median Income for Santa Clara County.
- averagewall 9y agoIt's like "accessibility". Several times (long ago) I've mistaken that for meaning "easy to access" and been disappointed to find it was useless. I still don't know what a "walkable neighborhood" is. Can't you walk just as easily in any neighborhood? When I read this article, I wasn't sure if affordable meant restricted to poor people, subsidized, or small (cheap) houses. I only learnt the answer from this thread. These words are only useful to the groups who already use them and impede understanding to outsiders.
- deleted 9y ago[deleted]