this post was submitted on 19 Oct 2024
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Microblog Memes

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submitted 1 month ago by [email protected] to c/[email protected]
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[–] [email protected] 1 points 1 month ago* (last edited 1 month ago)

without subsidies they’re is no profit incentive for developers to build the necessary housing stock

So cap rent. If a developer wants to build, they need to build what people actually need. You don't need to hand them boatloads of money to make affordable housing more profitable than non-affordable housing, just ban the unaffordable housing nobody needs.