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Kiernanstrat t1_j7p7sdn wrote

I think people completely misunderstand the idea of what "affordable housing" is. Either you have houses that are bought and sold at the market rate or you have subsidized housing. When the market is such that even the most inexpensive housing options are still expensive then there is no affordable housing.

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Loudergood t1_j7pwxhj wrote

You can reduce demand for less desirable uses in the market. This will drop prices of the "starter home" type houses and condos.

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Kiernanstrat t1_j7py0s7 wrote

How do you reduce demand for less desirable houses?

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Loudergood t1_j7pz5t0 wrote

Make running short term rentals less profitable.

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Kiernanstrat t1_j7q06fa wrote

Has that been effective elsewhere?

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Loudergood t1_j7q53mw wrote

Not sure I've seen it implemented long enough anywhere. We'll have to watch results from what Burlington is doing.

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