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[–] 1 point 2 years ago* (last edited 2 years ago)

without subsidies they’re is no profit incentive for developers to build the necessary housing stock

So cap rent. If a developer wants to build, they need to build what people actually need. You don't need to hand them boatloads of money to make affordable housing more profitable than non-affordable housing, just ban the unaffordable housing nobody needs.

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