Housing builders and policy pros on Wednesday laid bare some hard facts about New York City’s affordability crisis. Politicians don’t get the math. Construction costs too much. Neighborhoods reject development. The result is a mismatch between what most New Yorkers need and what gets built, the policymakers and developers said at a discussion convened by the Citizens Budget Commission. “State and city legislators who are trying to represent their constituency mean well, but do not
source https://therealdeal.com/2020/08/26/whats-wrong-with-nyc-housing-a-lot-these-folks-say/
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