(RECAP: Advocates for subsidized, low-income housing are excellent at calling for more money to build subsidized housing to offset high housing prices. But why are housing prices so high in the first place? The lack of market rate supply contributes to high prices that puts market rate housing out of reach, and as long as that problem goes unaddressed, more and more subsidies will need to be wrung out of funding sources already spread thin. Affordable housing advocates need to start calling for fewer rules and regulations that slow the production of market rate housing and add costs to subsidized housing as well.)

Powered by WPeMatico