Viewing a single comment thread. View all comments

RulerOfTheRest t1_j6g53nl wrote

As they should. The problem right now with interest rates so high and the cost of materials and labor being skewed, the growth of new housing isn't close to where it needs to be to help stabilize things...

8

gowhatyourself t1_j6hlppj wrote

This is why when people on here say they want more affordable housing I don't think they realize just how unaffordable newer construction would be for most people without massive subsidies the city doesn't have due to how they don't pull in revenue from the counties....where most people are moving anyway.

11

Charlesinrichmond t1_j6idrim wrote

they could cut cost of development in the city and it would be an effective massive subsidy. City costs a LOT more money to build in

2

User-NetOfInter t1_j6g8kcn wrote

Then they should control what they can control. Which is zoning and building permits

6