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Old Posted May 21, 2015, 1:31 PM
Drybrain Drybrain is offline
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Join Date: Sep 2012
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Quote:
Originally Posted by Keith P. View Post

I am not opposed to affordable housing, whatever that is supposed to be. But requiring all new developments to incorporate same into their proposal without reference to the intended market and location is very shortsighted and will have a negative effect upon development.
It hasn't had a negative effect on development in Vancouver, where such policies are common. Requiring a small percentage of privately developed units to be affordable takes the onus off the public purse to develop such housing, mitigates the creation of ghettos, and creates more social mobility for the poor. It's excellent social policy and doesn't really hit developers too hard. Which is why it's become such a popular means of providing affordable housing.


Edit: It's excellent to see all the positive change in this neighbourhood, but boy, this development looks like a bunch of brightly coloured Jenga cubes. Not in a good way.
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