Would Market-Rate Housing Moratorium Slow Gentrification?

No, according to an op-ed in the San Francisco Bay Guardian, which lists alternative strategies for preserving affordable housing.

1 minute read

March 16, 2006, 11:00 AM PST

By David Gest

"We need to be doing everything possible to increase the supply of below-market-rate housing. But we do not have nearly enough money to pay for the amount we need. It takes around $200,000 in subsidies to build each affordable housing unit. Helping just 10,000 families would cost $2 billion. Not very many people can be helped if this is our only strategy."

FULL STORY: Rethinking the moratorium

Wednesday, March 8, 2006 in The San Francisco Bay Guardian

Community / Economic Development Housing California

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