The affordable housing requirement is just a tax on building new apartments. What would happen to the price of gas if gas stations were required to give away 20% of their gas at below market prices to poor people?
And yet leftists think this will reduce the cost of housing.
It’s worse than that. Other than forcing the other 80% of gas users to pay for the 20% of freeloaders (Which is of course how welfare works now) at least the 20% wouldn’t trash the gas station and make it unusable for anyone else. With housing the rotten apples ruin the whole barrel.