It is destitute. Like, it is hard to find a place to live, especially when you have a limited budget. So I get the idea that, you know, If you just let developers do whatever they want, they're going to develop $5 million apartments. because that's where they're going to make the most money. Actually, I don't know the economics on affordable housing, but I imagine it's more when you're doing like 3,000 foot lofts. (1:31:09–1:31:14)
CLAIM
Asserts that developers will prioritize high-value apartments if unregulated.
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