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Old 02-10-2020, 02:43 PM   #1
iw8surf
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Originally Posted by FlyingScot View Post
Yes, tech is driving the Seaport, and also Kendall Square, across the river in the People's Republic--amazing how those "over-regulated" areas are outpacing virtually everyplace else in the country for growth.

I agree that affordable housing should probably be focused on less expensive land. But the taxpayer does not pay for this difference--the city forces the landowner to set aside affordable units in good nanny state style. So it's the landowner paying.
It actually depends on what classification the housing is 40B etc.... I have lived in I think 3 buildings where, what happens is the other tenants of the buildings rent is increased so the affordable housing folks can live there for 400$ per month. The landlord is never going to eat the cost. I lived in a apartment in the seaport 4 years ago and my neighbor use to boast about how he paid 550$ per month to live there, his apartment smelt like trash, he never worked, listened to loud music 24/7 and we couldn't wait to move out.
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