So-called “inclusionary zoning,” the practice of requiring home builders to rent new apartments at a loss to low-income tenants, is a tax on new housing that worsens the housing shortage and raises rents overall in exchange for a handful of means-tested units. It’s bad policy!
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thecooldown.comGreater Boston builders say affordable-unit rules stall housing, but Boston won't budgeDevelopers and city leaders across Greater Boston are clashing over whether affordable-housing requirements are helping address the region's housing shortage.
That's a fair point, and it gets to the heart of the issue: unfunded mandates are popular because no one votes for taxes. There are, however, federal housing subsidies and recent interest in Congress in housing affordability, so I don't think expanded subsidies are totally out of reach.
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