Quote:
Originally Posted by citybooster
Why should you care some regular people will get to live in a better neighborhood, maybe actually get to know better off people and vice versa? They might even form...horrors... a community!
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Because taxpayers are massively subsidizing such an arrangement. I'm basically paying for some lucky schlub (with a decent income, enough to easily afford a nice market rate apartment) to live in taxpayer-subsidized luxury building till death.
Seems to be an incredibly inefficient system, even if you support housing subsidies, because you're getting the least bang for the buck and producing the least amount of affordable housing by concentration such subsidies in the highest cost neighborhoods. Why can't the residents live in regular neighborhoods like everyone else, or, alternatively, why can't the taxpayers get the maximum return by concentrating subsidized housing in low-cost areas?