On: How Has San Francisco Run Out of Money for Affordable Housing?

[CPLX]

> That is, inclusionary zoning, or any other affordability mandate put on private developers, is a failure and cannot work.

We've been doing it in NYC for decades, it works just fine.

Of course it only works if you understand the premise that buildings can be more than three stories tall.

[matchbok → CPLX]

Last time I checked NYC still had a massive affordability crisis.

[CPLX → matchbok]

To some extent. It’s nothing like San Francisco. And rents in Brooklyn have actually been falling noticeably, precisely because a massive amount of new apartment stock has gone up in the last five years.