4 ms·
> Low income housing This is just a subsidy for employers; they can pay a less-than-living wage, keep the profits, and rely on tax-payer-subsidized housing pro
by teakettle42 5y ago
> Low income housing
This is just a subsidy for employers; they can pay a less-than-living wage, keep the profits, and rely on tax-payer-subsidized housing programs to close the gap.
> zoning changes
This is a give-away to developers.
Increases the entry costs for development beyond what anyone but huge real-estate investment firms can afford. They build out rental units, grow the permanent rental class, and extract rent from the population in perpetuity.
> tax incentives geared towards improving the socioeconomic diversity of an area
Why is socioeconomic diversity in coveted cities a desirable outcome, and specifically, why is it something the government should attempt to engineer using our tax dollars?