Philly politicians force developers to dedicate 20% of new units to be priced 40% below the median income level

submitted by BravoVictor from (phillytrib.com)

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[–]IkeConn 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

Sounds like a good idea but in reality it's like building instant slums.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

high rents and high property taxes suck but they do keep the riff raff out. And if someone gets 40% of the median income they're probably going to trash an apartment and not pay rent

[–]madcow-5 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

I'm in favor of affordable housing. I think in an ideal society, if you work 40 hours a week, you should be able to afford a living space without roommates and to feed yourself. But this seems like it would ensure there are no truly nice neighborhoods because a minimum of one in five residents will be impoverished.