>Local builder A.J. Shinners poured a little cold water on the dream of a dense and affordable village, however. With the expense of materials and labor along with the sale of million-dollar condos on Mountain Road, he found it difficult to justify building affordable housing on his lower-village property and intentionally refuse that kind of windfall.
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>“How do you look at a piece of property and say, ‘I’m going to build affordable housing that’s going to cut myself off from the potential income I could earn?’” he said.

And I got downvoted like crazy a while ago for suggesting that the main reason is that it's more profitable to build higher value for the investment cost properties.