Developing Affordable Housing Ecosystems World Wide
The other day (while reading William Rosen’s intriguing history, Justinian’s Flea), I came across what I think is the world’s first homeownership subsidy, the panes aedium of Constantine I and his capital Constantinople:
A man and the city he envisioned: Constantine and Constantinople
Though only a few hundred of the city’s private residences could be called mansions, [...]
That workforce housing is both a policy goal and a local political imperative is due to a simple inequality:
Pay < Living Cost
Communities need some essential local professions that pay too little to enable the providers to live in the town they work. Key to that, in turn, is a community’s definition of what constitutes [...]
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