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HartfordResident t1_j4qp5fk wrote

Reply to comment by buried_lede in ConnCAT Dixwell apartments by buried_lede

No, those are all rules that are well known to increase affordability. In some cases the unit that the rule applies to might be more expensive - for example, a taller building might have more expensive units because the apartments at the top have a better view and rent for more - but that's certainly not the usual scenario. Overall, the effect is that more apartments get built, which means there are more homes to go around. Every time a new apartment gets built (or a large apartment gets split into two apartments), it opens up an apartment for someone else.

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buried_lede OP t1_j4t4h09 wrote

In the case where they are renting out each room in, say, a three bedroom apt, the landlord is increasing the revenue from the apartment.

That’s a formula being used often now for newly developed, student focused apartment complexes.

If you’re running a private equity fund, those rules will bring the landlord’s costs down, not necessarily the rent. They have to mandate affordable units or the city won’t get them, unless and until inventory outstrips demand.

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