Increase taxes to build affordable housing. Hand the contract over to a developer. Developer builds $700,000 units. The model is not economically sustainable

Increase taxes to build affordable housing. Hand the contract over to a developer. Developer builds $700,000 units. The model is not economically sustainable. Increase taxes. Rinse repeat. Now even the middle income people can't afford to buy a $300,000 house, and have to move into the affordable housing. Housing developers are living like kings. Welcome to the USA, where taxes are spoken for before they are even levied.