3 ms·
What 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
by epistasis 3y ago
What 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"