Quote Originally Posted by BVos View Post
GMan,

The urban planning and development world has learned a lot from the failures of Herman Gardens, Jeffries, etc. The goal here is to have a mix of incomes and that is being accomplished.

Rents are based on market rents and the subsidies used to plug the gap that exists between the ability to properly maintain and manage to a high standard and the rents residents can afford to pay. All apartments are built to the same standards, regardless of the level of subsidy. This way the amount of money someone is paying in rent is indistinguishable from others, and as families incomes rise [[or fall) there's no need to move. If you know of a way to create high quality, sustainable, well managed affordable housing without government subsidies or tax credits, please tell me how that can be done. And conversely, if you're against government subsidies, please tell me how you plan to ensure that folks who can't afford market rents can find quality, affordable housing.
not sure what the income gap differential would be, but there is a difference not only in income, but in social pastimes, interests, tastes, etc etc that someone making say $30,000 has and can afford, vs. someone making $70,000 has and can afford, despite each living in their income equalized affordable housing.....