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If the government believes that it's in the public interest to have low income housing, then the government should pay for it. It's not exactly the same as the
by darawk 6y ago
If the government believes that it's in the public interest to have low income housing, then the government should pay for it. It's not exactly the same as the homeowners paying themselves, either. Structuring it this way ensures that the cost is allocated fairly across all of society. If we believe that it is in societies interest to have low income housing, then society as a whole should pay for it. The cost shouldn't just fall on a few unlucky homeowners. Making the cost widely and evenly shared makes it equitable.
- Waterfall 6y agoWho's gonna pay for it? The government? How do they get money? Taxes? So we pay the government (they of course pay the federal employees and some pork barreling) to pay for affordable housing? In the end who will really pay for it aside from the people who will live in affordable housing?
- darawk 6y agoMy whole comment was an answer to that exact question. The government pays, because the government paying smooths out the hit. The cost is more equitably distributed over the whole population, as opposed to being concentrated in a few unlucky neighborhoods.
- Waterfall 6y agoMy point is the government never really pays, we pay the government after all, but I understand your point too.
- imtringued 6y agoThe people who pay for affordable housing are those who caused the housing market to be unaffordable. That's only fair.