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this post was submitted on 31 Mar 2025
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I think it doesn't matter whether new construction is funded by taxpayers or not. We all end up paying either way through various channels. I think what matters is how much money is collected as profit due to what we build, how we build it and how much we build.
The problem I'm trying to highlight is that this plan may give developers sweetheart deals, but leave housing prices at unaffordable levels.
It may not, but the strategy of flooding the market will fail if we don't manage to build enough houses.