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RetroMetroShow t1_iy8gu2v wrote

Reply to comment by JayThaGrappla in TIL Queensbridge Houses is the largest public housing development in the USA. It contains 29 buildings and 3,142 units for 7,000 people. by mankls3

Did they happen to mention how they subsidize their housing?

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JayThaGrappla t1_iy8h8g0 wrote

Oh this isn't government housing. It's all "owned" by people and mostly rented out to others. In China you don't buy land for life, you lease it for 30 years or so from the government. Developers buy it and build upon that land, people buy the apartments, people rent those out.

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OneBlueHopeUTFT t1_iy8vs5j wrote

This post is about public housing though that is subsidized and maintained by the government. Public housing may seem like a generic term but at least in the US it has a fairly specific meaning.

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