Across North America, people claim that they want affordable housing in their communities while deriding and fighting what they perceive as “luxury housing.” A common trope among many is that developers are greedy, wanting only to make top dollar on their homebuilding projects and contribute nothing back to communities. It’s a shortcut theory to a very complicated financial and land use system that dictates housing production and supply. Uytae Lee of About Here digs into why painting every market-rate housing project as just another luxury housing project is misguided and counterproductive to housing abundance and affordability.
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