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Old Posted Jan 17, 2008, 5:22 AM
MichaelB MichaelB is offline
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Join Date: May 2006
Location: North edge of Downtown
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Quote:
Originally Posted by JAM View Post
Another thing that is often mentioned that seems totally illogical, is the often mentioned trade-off with builders "affordable housing in exchange for density and height bonuses". Why would the city want to limit density and height if a builder will not commit to setting affordable housing aside? It seems limiting these would reduce the tax base, increase sprawl and force the construction of new city amenities to follow the sprawl.
I have always taken these artificial height restricitons as way to raise funds by the city. I would guess all these set asides and contributions come out of the pockets of the folks who buy at full price in the development. Doubt the developer is really giving anything up!
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