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MahBoy t1_j43qbw7 wrote

Reply to comment by jakejanobs in New Design for the Approved 550-foot Fane Tower by Appropriate_Garden26

Yeah, totally not buying that argument.

There would be a direct benefit to Providence residents to build straight-up affordable units near the city center/transit hub.

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jakejanobs t1_j43wgin wrote

Source? You got any peer-reviewed, published evidence that increased supply somehow increases rents?

And yes! We need cheap housing too and we should absolutely be building that, if private developers are unwilling then the city should work with them or build it themselves.

Per the US census, Rhode Island built 1300 housing units in 2021. That’s the worst in the country by a long shot, both in absolute terms and per capita. Our population is growing, and our housing stock is not. Rents have no where to go but to the moon until we get our shit together and actually build something

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