3 ms·
From what I’ve seen happen in Long Beach, these high density housing developments are rarely affordable. Most new developments cater to the higher end of the ma
by pokstad 3y ago
From what I’ve seen happen in Long Beach, these high density housing developments are rarely affordable. Most new developments cater to the higher end of the market. Long Beach became much more unaffordable after the density increased.
- epistasis 3y agoWhat used to be "affordable" in Santa Cruz now exclusively caters to the wealthy. Saying we shouldn't build more because of that is simply nonsensical, because it makes this previously affordable housing even more unaffordable. Additionally, in Santa Cruz, there are requirements on construction of large multi unit residential buildings that put deed restrictions on rent or purchase price of at least 20% of the units (unless they upped it since I last checked.) These restrictions fall into a standard system of income bands that are based off of the median income of the area. This new construction is the only source of affordable housing. Yet we have plenty of people opposing it because "it won't be affordable"