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I never said anything about luxury housing? Housing doesn't have to be "luxury" to be unaffordable.
by cgrealy 6y ago
I never said anything about luxury housing?
Housing doesn't have to be "luxury" to be unaffordable.
- astrange 6y agoThe most profitable thing to build on land is usually also the most affordable thing, because it has the most units. Unaffordability happens when zoning makes them build single-family housing, or when the land is so expensive anything would be unaffordable while it's new.
- imtringued 6y agoSingle family zoning is not just unaffordable for the people living there, it's also unaffordable for the government. It also causes car dependence and energy inefficiency. Overall it is a net loss for everyone involved.