WHAT'S WRONG WITH HOUSING IN AMERICA?
Why the way we are trying to fix this isn’t working:
Adding fees to residential development for affordable housing. Does anyone think you can make housing more affordable by making it more expensive to build? It makes more sense to put affordable housing fees on new commercial development, since the roots of new housing demand are new jobs. Jobs are good, houses are not? And why is affordable housing only the responsibility of new housing? Why is it not the responsibility of all?
Inclusionary Zoning. Generally, the market rate units sell for a bit more than they would have (because there are less available) while a few affordable units do get built. But this approach does not mean ANY additional units get built that would not have been built otherwise. So, the supply and demand imbalance are not impacted at all. Density bonuses for inclusionary units are at least a step in the right direction if not tied to too many other conditions.