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The main problem is population growth. Even if housing is built specifically for poorer and lower income individuals, middle class families looking for hosuing
by PatientTrades 9y ago
The main problem is population growth. Even if housing is built specifically for poorer and lower income individuals, middle class families looking for hosuing will inevitable trickle in causing demand and prices to rise naturally. Once again poor individuals will be on the street. The same cycle keeps occurring in cities across America. Properties designed for the poor end up getting bought by middle and upper class individuals, seen this in Washington D.C. and New york firsthand.
- ng12 9y agoThat's why low-income housing is an oxymoron and any project for "below market rate" housing is a political stunt. You can't cheat supply and demand.
- Harvey-Specter 9y agoYou just have to keep building. At some point there is enough housing to meet demand at reasonable prices.