1213
"Housing" Proposals
(lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 05 Oct 2024
1213 points (98.2% liked)
Political Memes
5524 readers
535 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
founded 2 years ago
MODERATORS
In the SF Bay Area, it costs over $1 million just to build one "affordable" housing unit.
It's sold at that price. I'm sure it doesn't cost that much.
https://www.sfchronicle.com/sf/article/it-now-costs-more-than-1-2-million-to-build-a-17463355.php
That same article says it clear: the lion's share is the taxes part, not the house. If there was a public program, the taxes should be far lower. After all, that project wouldn't be a for profit one.
No it doesn’t say that at all.
"While hard costs have surged during the pandemic, thanks to complications like diminished trade and supply chain issues, Alameldin said San Francisco has long been “practically infamous” for driving up soft costs with long, volatile planning debates."
That "practically infamous" means is not just a tiny part of the price.