In my area they’re knocking down the “affordable” homes to build luxury and everyone is also trying to do everything to stop “affordable” housing. I say “affordable” because everything is still beyond what today’s “middle class” can even fathom to affordable and what they’re knocking down to build on is already pricing people out.
If you build any housing at all, you are opening up “affordable housing” at the bottom of the totem pole. That’s how buying houses works.
No one is going to build a dumpster apartment to rent on the cheap. There’s no incentive there.
Let people build and the less-desirable homes will be scooped up as prices fall. It’s basic supply and demand.
Your state, like mine, has probably been kneecapping development in favor of NIMBY policies for those 20 years
No, they haven’t. They’ve been working hand in hand with developers to entice new money for them to tax, and ignoring the poor who only get poorer.
In my area they’re knocking down the “affordable” homes to build luxury and everyone is also trying to do everything to stop “affordable” housing. I say “affordable” because everything is still beyond what today’s “middle class” can even fathom to affordable and what they’re knocking down to build on is already pricing people out.
Knocking down single-family or small unit homes to build more multi-family housing is a good thing actually.