Reply To: Should developers be expected to build affordable housing?👷🏻‍♂️👷🏽‍♂️🏗🏚🏢💳

Home Forums Decaffeinated Coffee Should developers be expected to build affordable housing?👷🏻‍♂️👷🏽‍♂️🏗🏚🏢💳 Reply To: Should developers be expected to build affordable housing?👷🏻‍♂️👷🏽‍♂️🏗🏚🏢💳

#1674150
Joseph
Participant

Local government can force it by refusing to grant a zoning variance unless the developer agrees to offer low-cost housing. The developer agrees to it since he still makes an overall profit even though he makes less of a profit on the low cost portion.