SmartSherbet t1_isymvsy wrote on October 19, 2022 at 5:34 PM

Reply to comment by Robespierrexvii in Six Story Mixed-Use Development Proposed at 5 Madison Street by Watchfull_Hosemaster

We need more housing at all price levels right now. Yes, ideally there would be more affordable units being built, but having more market rate units will spread the demand a little thinner and help keep rents from rising as quickly as they would otherwise.

Nebuli2 t1_isyr0te wrote on October 19, 2022 at 6:01 PM

Yep. Affordable housing is fantastic, but market rate housing beats no housing.

guybehindawall t1_it3ip5a wrote on October 20, 2022 at 5:47 PM

This is true, but...is there *any* affordable housing being built right now? I beat this same drum but at some point it starts feeling like we're just paying lip service to affordable housing while single family houses and luxury apartments keep constantly popping up everywhere.

tollboothbill t1_it0giwq wrote on October 20, 2022 at 1:01 AM

The market rate is fraudulently inflated, so fuck that belly up shit youre doing.

Robespierrexvii t1_isyn03w wrote on October 19, 2022 at 5:35 PM

Very true.