4 ms·
One more thing, which I just realized: The affordable housing is deed restricted to always be affordable. That suppresses the value of the housing, so that th
by hedora 3y ago
One more thing, which I just realized:
The affordable housing is deed restricted to always be affordable. That suppresses the value of the housing, so that the people living in the housing make a lower return on their investment than their neighbors.
I really don’t see how this is better for the people living in the affordable housing than adding inventory in normal neighborhoods, and lowering market prices for used houses to an affordable level.