Comment by 8note
2 hours ago
i think making it more restrictive would be better?
"affordable housing" is the same thing as "luxury housing" asides from the rent
sure, you could allow less restrictive builds so that you only get a room with no bathroom or kitchen for $4k but thats not actually better
If rich people can't buy luxury housing, they buy non-luxury housing, driving up its price. If you don't want rich people driving up the price of affordable housing, make sure there is lots of luxury housing available so they don't drive up the price of the cheap stuff.
That's not how it works. More competition will bring the price of those down.