03-09-2021, 01:40 PM
(03-09-2021, 11:39 AM)Rainrider22 Wrote:(03-09-2021, 09:48 AM)Joedelay Highhoe Wrote: Stacked townhouses isn't the worst compromise. Shame they scrapped over 100 units, but I'm sure none of them were very affordable anyway.Do you have inside knowledge of the project ? You advise that your sure...
"Affordable" is subjective. In the context of this conversation, "affordable housing" would mean not too expensive for people with limited means. If the average gross family income is around 81K/y, an affordable price would be 3-5x that, so these should be listed between $244K and $407K. For someone with a less than average income, "affordable" probably tops out around $300K. That's my subjective analysis.
If you have insider information about the pricing perhaps you could let us all know if they're affordable.