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Political Discussion
Reply to ""Affordable Childcare""
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[quote=Anonymous]I have trouble believing that affordable market rate housing exists one mile on a direct bus line from an area where $3k is the going rate for a 1 br. I am starting a new job in an area with rents like that and the closest place I could find a 2 bedroom under $2k (for my family, with kids) was 6 miles away and a mile from the closest metro. Rents don't just drop off a cliff in that short a distance. Also, are you sure those luxury units are taxpayer subsidized? In a lot of cities building a certain % of affordable units is required but the cost is borne by the developer, who makes up for it with the high rents charged for the majority of units. The public does not pay the difference in rents, so it doesn't hurt them.[/quote]
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