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[quote=Anonymous][quote=Anonymous][quote=Anonymous]So many NIMBYs here concerned about "affordable" housing, yet not a single one is talking about raising taxes to pay for these subsidized units. Because yes, they need taxes to subsidize them, because nothing is free.

It's almost as if "affordable" is a fake argument, used to stop any housing construction.

Hmmmm, but why would people be so disingenuous? Hmmmm.[/quote]

We’ve spent all our subsidy money on market rate housing and on bailing out land speculators, at Friedson’s urging, so unfortunately we don’t have the money to subsidize enough affordable housing. Maybe your heroes the developers will take lower profits. [/quote]

Please look up the typical profit margin of these "evil developers" and get back to me.

Oh, wait, you won't, because they are in line with most industries because they are not monopolies and there is abundant competition in the space.

Please tell me how much "profit" a homeowner in their 60s is sitting on due to land appreciation? Millions. And you think "developers" are the enemy.  :roll:  :roll:  :roll:  :roll:  :roll:  :roll:  :roll:  :roll:  :roll: [/quote]

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