Codspear t1_issygz2 wrote
Reply to comment by Namgodtoh in Rent going up? One company’s algorithm could be why by anurodhp
They don’t need to build affordable housing, just more housing of any kind. New mid-range condos would probably be in the $$300k - 400k range within 128 if we didn’t add so many ridiculous costs to every development and built enough of them. The affordable housing is what all these new units will be in a few decades. Our current lack of affordable housing is due to the massive underdevelopment of new housing over the past few decades.
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