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I will grant you that it may take subsidies and artificially low loans to incentivize developers to build low-income housing. But in many places that already ex
by seibelj 7y ago
I will grant you that it may take subsidies and artificially low loans to incentivize developers to build low-income housing. But in many places that already exists. The real issue is there is no land to build, and the permitting process takes forever and ultimately results in a negative outcome more often than not.
Here is an article about a developer who tried to build a low income apartment building in SF, and the absolutely insane roadblocks the city put in his way https://reason.com/video/san-francisco-mission-housing-crisis/ https://reason.com/video/san-francisco-mission-housing-crisi...