The concentration of subsidized low-income housing developments isn’t as bad as residents fear: It actually increases property values – at a faster rate than other neighborhoods.
I really want to post this to my neighborhood email list where all the people complain about subsidized housing that the city wants to build, but since it shows price appreciation I am afraid that this will feed their confusing view that dense cities are unaffordable because they were built densely, rather than being built densely as a natural response to rising land prices.
I really want to post this to my neighborhood email list where all the people complain about subsidized housing that the city wants to build, but since it shows price appreciation I am afraid that this will feed their confusing view that dense cities are unaffordable because they were built densely, rather than being built densely as a natural response to rising land prices.