First of all…will someone PLEASE define what an “affordable housing unit is. How much will it cost? What is an affordable price? Numbers please.
Do politicians and the governments they inhabit REALLY want housing to be affordable? Is there not a conflict of interest here.
Think about it. What would happen if all of a sudden tens or even hundreds of thousands of houses entered the market, houses that cost much, much less than houses are selling for now.
Will the existing homeowners be happy about it? No. Would cities, whose property taxes are based on the value of the building , be happy about property values dropping? No.
Yet these are precisely the groups that are promising to do something to make home ownership more affordable. Think about it. Is their heart really in it?