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The Pros And Cons Of Inclusionary Housing

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The Pros And Cons Of Inclusionary Housing
Housing markets in most cities are ran by the government. This involvement typically takes the form of market regulations. An initiative practiced in several communities is Inclusionary Housing. This process works with the government by requiring developers of new market-rate real estate to sell a percentage of units in their new development at below-market rates. In general, the more people in the economy, the greater the demand for housing. Growing cities increase the prices in housing. For cities struggling with economic integration, or displacement of low-income residents due to rising housing costs, inclusionary housing offers a very tangible solution. This strategy though, which has existed for years, has a long list of pros and cons
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