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Yet there is public housing in Chelsea NYC. We can argue about how to do ‘inclusive housing’ but the idea that it immediately precludes high home prices doesn’
by kasey_junk 8y ago
Yet there is public housing in Chelsea NYC.
We can argue about how to do ‘inclusive housing’ but the idea that it immediately precludes high home prices doesn’t hold up to basic inspection.
- someguydave 8y agoLand use regulation doesn't preclude high home prices, it precludes low home prices. Excluding people who can only buy or rent a low priced house is an exclusive policy. Balancing that exclusive policy with a little bit of inclusive policy in form of a government/"low income" apartment does not make the overall housing policy inclusive.
- AnthonyMouse 8y ago> Yet there is public housing in Chelsea NYC. This is a classic political maneuver. Build two units out of a thousand with regulated prices, then declare victory because you can point to one person paying an affordable price, even though it's being sold below market at restricted volumes and isn't available to everyone. If the same units were available at that price but in unrestricted quantity to every member of the public, the high prices of competing housing would fall.