@SMcloud"Affordable housing" is a hidden term. It doesn't
really have anything to do with the housing market and home prices."Affordable housing" really means government subsidized apartments for
low income/no income people. It's all part of the precious narrative, like
"undocumented immigrant."The idea is to mask the real
meaning.In theory at lest this obfuscation prevents people from
asking the obvious question: Why is the taxpayer paying rent for these people?
Then they question the whole welfare program and the redistribution of
wealth.It is better to wink and nod and say "affordable
We need more affordable housing. Right now the market for 400k and
up has more than enough houses and luxury condos sitting vacant. In the
affordable range it shrinks right up. This is a step in the right direction.
Wow another example of government bureaucrats thinking they know better than
everyone else. Glad I don't live in Salt Lake.
Affordable housing is really a misnomer. It might be affordable to the people
living in it, but for those of us paying for it, the taxpayers, it is anything
but affordable. The developers, and landlords end up making a bunch of money
while the city leaders pat themselves on the back and tell themselves what a
great job they’ve done. It would be nice to see real affordable housing
using shipping containers, 3D printing technology, and other, more affordable
building options. What would be even better is a system where smaller
developments with a pathway to ownership and a sense of permanancy were
integrated into communities and neighbors could mentor the individuals and
families and help them better themselves. Housing hundreds of disadvantaged
people into the same complex with no integration into the regular community has
proven to be a failure across the country for decades. Time to embrace a new
What an incredible waste of tax dollars, while i am on the verge of losing my
home due to the insane property taxes on it.
This sounds as messed up as the old Soviet Five Year Plans with all sorts of
rosy projections about how government bureaucrats and public funds (confiscated
from taxpayers) would come up with a glorious solution to make the worker's
paradise the envy of all.Unfortunately, history is littered with the
failed attempts by all sorts of governments to do stuff best left to the private
sector.Set the zoning for the property, sell it to the high bidder
and let them have at it. In the long run the city, taxpayers and occupants will
be a lot better off than letting politicians and bureaucrats dither and squabble
and get little or nothing accomplished over many years.
The council is clueless. $4 million equals 5000 months of rent at full price in
Salt Lake neighborhoods, and these "leaders" park that money in a
stalled project. Do they think there are magic beans somewhere that will turn
this property into housing in the next 18 months?It just illustrates
that the whole plan of dissolving the Rio Grande problem is a pipe dream. There
is no way their concept of closing Road Home down in June of 2019 could ever
work. It was just numbers on a page to make it add up, without any thought of
how it would be executed.It sort of reminds me of the state prison
relocation plan. $500 million short and a decade late.If the public
knew the true cost of these things we would never let them do it, but they start
cheap and quick until they get their hooks in us. Then they come up with the
real plan when it is too late to back out.