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[-] alcoholicorn@lemmy.ml 1 points 2 weeks ago* (last edited 2 weeks ago)

without subsidies they’re is no profit incentive for developers to build the necessary housing stock

So cap rent. If a developer wants to build, they need to build what people actually need. You don't need to hand them boatloads of money to make affordable housing more profitable than non-affordable housing, just ban the unaffordable housing nobody needs.

this post was submitted on 19 Oct 2024
848 points (92.1% liked)

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