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I 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 major
by beaner 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. 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.