The Biden administration announced new steps Friday to ensure access to affordable housing, launching a slew of resources to convert high-vacancy commercial buildings to residential use.
That’s why, governments need to require some low income/median income offered units to help house more people with these new units until supply catches up or some other way to ensure that lower income people (non-rich) are able to afford homes.
But they don’t, they want to make money too. Tell me specifically how the developers and “luxury” home creators are trying to make that happen. I’ll give you a hint, they’re not which is why trickle down housingTM doesn’t work. Developers are great at getting the laws to work in their favor by using cash.
First, take care of corporations buying apartment buildings and homes for short term rentals, then we can talk about supply.
But they don’t, they want to make money too. Tell me specifically how the developers and “luxury” home creators are trying to make that happen. I’ll give you a hint, they’re not which is why trickle down housing TM doesn’t work. Developers are great at getting the laws to work in their favor by using cash.
First, take care of corporations buying apartment buildings and homes for short term rentals, then we can talk about supply.