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Old 12-10-2018, 12:49 PM   #31
Weitz
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Join Date: Mar 2013
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Quote:
Originally Posted by bizaro86 View Post
I think it would be way more efficient to subsidize tenants than subsidize buildings. If someone qualifies, give them $xxx per month in rent subsidy. Even have it paid directly to the landlord if you don't trust the people you're subsidizing.

This efficiently uses our existing housing stock, because people can make the best choice for them. 20th Ave and 6th street NW is a "good" location, but if someone who is getting the subsidy works far from there they would likely be better served by liVing close to work, or family for childcare, etc. If you let people choose, they will pick what's best for them not just live where subsidized housing is available.

This also solves the NIMBY problem.
It also hurts every other person who is renting that doesn't qualify for affordable housing by artificially keeping rent high in the city. So now these people are essentially paying taxes to keep their own rent higher than it should be.
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