It’s even worse then that. “Affordable Housing” doesn’t mean that it’s cheap/small. It’s usually used as a euphemism for “subsidized housing”. Usually the property is still privately owned, but through a deal setup before the construction the developer is forced to rent out the “affordable housing” units at something like 70% of market rate for 20+ years.
It's like I always say, "Every moron is a progressive until they want to open affordable housing in their neighborhood".
Every place where people live is affordable housing to who lives there. The word doesn't convey the right meaning, it should be called cheap.
It’s even worse then that. “Affordable Housing” doesn’t mean that it’s cheap/small. It’s usually used as a euphemism for “subsidized housing”. Usually the property is still privately owned, but through a deal setup before the construction the developer is forced to rent out the “affordable housing” units at something like 70% of market rate for 20+ years.