Posted 15 September 2010 - 03:11 AM
The average "per door" cost was around a quarter million dollars. I've talked to a few developers who say affordable housing should cost way less.
I admit I am conflicted. I know it's cheaper to warehouse them at Traveller's Inns but I also see the worth of having a few small subsidized suites in high-end complexes to add diversity.
Wouldn't it be easier to give qualified people a $250 or whatever rent subsidy, and they can choose wherever they want to live, as long as the landlord signs off a true statement of rent charged? You know, like how most people live, picking and choosing the housing that suits them the very best in terms of style, quality, price and location, not stuffing them all in one building the government deems to be the one you have to live in if you want cheaper rent?
How does Townline expect to build a building of that size with market rents? Can't be done, we all know it doesn't work.
<p><span style="font-size:12px;"><em><span style="color:rgb(40,40,40);font-family:helvetica, arial, sans-serif;">"I don’t need a middle person in my pizza slice transaction" <strong>- zoomer, April 17, 2018</strong></span></em></span>