The real reason their isn't affordable housing is because developers clients are large landlords/real estate investors not people who want a new condo.
If you could get a group of 200 households together to build a new building you can easily do it at a price of 200-300k per unit for something pretty damn nice even in a major city.
The real reason their isn't affordable housing is because developers clients are large landlords/real estate investors not people who want a new condo.
If you could get a group of 200 households together to build a new building you can easily do it at a price of 200-300k per unit for something pretty damn nice even in a major city.
Congratulations you invented housing coops
The funding structures for new housing coops don't really exist anymore.
You're lucky if you can even get 3 or more people onto one mortgage.
deleted by creator