NoMoLerking t1_j9qh418 wrote
The city just needs to purchase and maintain buildings at below market rent.
Proof-Variation7005 t1_j9qvfc9 wrote
And it's gotta be new housing, not just buying shit that's there. If the city took over responsibility for a a thousand units of housing, that'd be great for people living in those units but it wouldn't do shit for anyone else. If anything, it'd make it worse because supply wouldn't turn over.
This is still, at its core, a supply and demand problem. Demand has steadily outpaced supply for decades in every market experiencing these issues. Any solution that isn't going to address the lack of supply is not a solution.
Rent stabilization and control are the dressing, nice to have, but ultimately fucking useless without having a salad (more housing)
RockHockey t1_j9rbd4m wrote
What % do you think would it take? We are currently at 27% of all rental units are income restricted.
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