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atreyal t1_j9u78m8 wrote

Hopefully it is a boon and not another way for rich people to take advantage of something. Really needs to be large scale to have any effect on housing prices though.

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ginger_guy t1_j9uec7w wrote

I'm actually really glad they included the 20% low income requirement. The poverty rate in California is 12% so a 20% requirement (I know, its AMI, but still) is a great way to make sure lots of construction will happen without the negative side effect of hyper concentration of wealth.

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