why is housing unaffordable, is it a supply problem or something else? speculation on the future value of property drives development, raising property prices and taxes which puts housing costs out of reach for low to moderate income folks and causing displacement. to stop this we need to take homes off the speculative market, once off the market, these homes are only sold or rented to folks who meet certain income requirements, keeping them permanently affordable. but how do we get homes off the market? we purchase them. and where do we get the money from?
h*t chicken sh*t sells nigerian-style hot chicken in exchange for property or cash, proceeds (cash and/or property) from hot chicken sales goes towards creating permanently affordable housing. genius right? i know :)