Home › Forums › Decaffeinated Coffee › Should developers be expected to build affordable housing?👷🏻♂️👷🏽♂️🏗🏚🏢💳 › Reply To: Should developers be expected to build affordable housing?👷🏻♂️👷🏽♂️🏗🏚🏢💳
February 5, 2019 10:21 am at 10:21 am
#1674358
Lightbrite
Participant
Generally, building affordable housing units isn’t making the most bang for the developer’s buck.
Unless zoning requires affordable units, developers don’t need to build affordable units.
Developers are in it for the short-run. Some stay on for 5-10 years, but only until they get their profits.