Quote:
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While it will trigger higher home prices, players on both sides say it won’t be as dire as the $10,000-per-house surcharge, because it’s almost certain to not fully close that $10,000-per-door gap between what developers pay and what the city must spend on infrastructure.
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Sounds like it doesn't go far enough.
The "100% of the removed subsidy will be passed onto consumers" thing is complete bogus too, at least in the long run. That's only the case for perfectly elastic supply.