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Whenever you read or hear the expression affordable housing, what does that mean to you?

18 Comments

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18 Comments
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A tent

0 ( +1 / -1 )

Affordable housing is just a bait word. I don't believe in that word. Somehow there's that issue on location, floor/lot area and the construction materials that will be used. Hence in the long run it's a bad investment.

I agree.

-1 ( +1 / -2 )

In the UK I was involved in the housing cooperative movement for 25 years, providing high-grade accommodations at affordable rents with costs less than the ones provided by the local authorities. Many people like nurses need an affordable place to live.

The workers in all cities need places to live.

-1 ( +0 / -1 )

Affordable housing is just a bait word. I don't believe in that word. Somehow there's that issue on location, floor/lot area and the construction materials that will be used. Hence in the long run it's a bad investment.

-1 ( +0 / -1 )

In Japan the countryside.

1 ( +1 / -0 )

I don't see what was wrong with 1950s/1960s financial advice, so something that costs up to 1/4 or 1/3 of a typical wage to rent or buy. Pay more than that and it a big hit to quality of life.

1950s/1960s financial advice did not tell people with extra cash that they must become buy to let landlords. 1950s/1960s real estate markets were also free of hot money from China, Russia, and derivatives.

0 ( +0 / -0 )

Mr Kipling

In the UK it means in a nice development there also has to be some other units, usually rental, for people who generally have made poor life choices and cannot afford a house.

How much did you buy your London for?

1 ( +1 / -0 )

In the UK it means in a nice development there also has to be some other units, usually rental, for people who generally have made poor life choices and cannot afford a house.

Wins the prize for smarmiest post.

2 ( +4 / -2 )

Whenever I hear the phrase affordable housing, I think of housing one degree above slum housing.

0 ( +1 / -1 )

Housing associations and housing co-operatives provide affordable accommodations in many countries that cost less than those provided by local authorities. Costs less to construct and run.

Affordable housing is housing that is deemed affordable to those with a household income at or below the median as rated by the national government.

Many cities like New York and London greatly lack affordable accommodations. The average rent in London for new tenancies is £1,832 a month. The average rent in New York is currently $3,603 per month.

Affordable housing would be 60-80% of local average rents.

-1 ( +1 / -2 )

It's a reference to the cost of housing compared to local household incomes, usually median income. What it "means" to anyone is not really the point.

1 ( +1 / -0 )

In the UK it means in a nice development there also has to be some other units, usually rental, for people who generally have made poor life choices and cannot afford a house.

-7 ( +1 / -8 )

An expectation that construction companies will accept bankruptcy?

0 ( +0 / -0 )

Empty platitude blah blah social justice/socialist blah blah

2 ( +2 / -0 )

More big government handouts

0 ( +2 / -2 )

My idea of affordable is always different to what others advertise as affordable. Their idea of affordable is always many times higher than my own.

2 ( +2 / -0 )

Nothing.

2 ( +2 / -0 )

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