Post

Boston’s chief planner is a true believer in the San Francisco model, in which you make it impossible to profitably build apartments by-right so developers are forced into a politicized discretionary negotiation with the city, which relaxes the rules in exchange for below-market units.

This post is unavailable.

Subsidized housing is a good thing and we should publicly fund it instead of relying on kludgy, counterproductive market mechanisms that trade broad middle class housing affordability for a handful of means-tested units.

31 reposts307 likes

I think we've had this conversation before, but it IS possible to strike a balance that eventually leads to a more affordable rental market with a slower increase in rents - as usual I'm talking about the Silver Spring area in MD.

There it's funded by the county not charging any property taxes on those units plus IZ allows the property itself to be built larger than without. It seems to be a well balanced system but it takes at least a decade for the efforts to affect overall affordability once the building boom begins.