05-25-2020, 02:55 AM
(05-25-2020, 01:56 AM)dtkvictim Wrote: Are there cities around the world that manage mix income neighbourhoods without subsidizing the lower incomes?
How can purpose build subsidized housing not turn into "ghettos"?
I've come across the argument that highrise development can not be affordable, as the price per square foot after a certain height begins rising again. Of course, higher property values raise the base cost of development, meaning higher buildings can be built. Are the larger buildings being built around the Ion corridor beyond that height/cost equilibrium?
There's always some notion of subsidy. To me the question is who pays the subsidy. In some places the developer pays the subsidy basically as part of the cost of doing business: to get permission to build X market-rate units they also have to include in their plans Y affordable (subsidized if you want) units (or build them elsewhere or pay into a fund). These are sometimes in the same buildings, which is probably good for avoiding ghettos. And sometimes it's by lottery to get in.
Apparently this is called inclusionary development: https://www.wbur.org/radioboston/2019/02...affordable