Quote:
Originally Posted by Kenmore
ugh it's libertarian clap trap
there is absolutely 100% an affordable housing crisis in halfway decent (no need for gold coast hyperbole) neighborhoods. it's the primary reason why middle class families continue to flee the city.
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and this is the massive hole in the argument for mandated affordable housing (footed by taxpayers, new construction-buyers and developers) - not everybody DESERVES to live in halfway decent neighborhoods. cruel? yes yes...but very true. people deserve to live where they choose, and what they can afford. this requires lifestyle changes, sacrifice, and imperfect living conditions (garden units, no view, no parking, crappy appliances, an extra walk to the train)
neighborhoods change, and when enough hard-working, decent, families move into one area that is halfway (or less) decent, then the neighborhood changes and improves. shit, even prices go up! and that's ok, because ONLY then can these people participate in equity building and refinancing...in the long run, affordable programs end up holding back families because they typically have capped equity. completely ridiculous over-reach.