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Robin Kniech's avatar

Hi Doug, you know I'm a champion for more affordable apartments. But with an inclusionary housing ordinance like Denver and 6 other metro communities and many mountain communities have, we DO get affordable homes within every project of market rate/high end housing that is built (8% to 15% depending on the city or policy). They aren't separate things and no government can make a developer build 100% affordable housing. My research also shows that we need housing at all incomes, some of the worst housing cost increases have happened in neighborhoods with very little new development. It is a both/and, not an either or. We have to allow building of market rate housing, capture some of it for affordable, and building dedicated affordable which does require public subsidy. I agree this tax could have been framed much more clearly for voters to understand what it really did, so hear your concern about just "subsidizing builders" without knowing which kind of housing they were building.

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Douglas Graen's avatar

There has to be more control on building permits and sales. Stop approving high end apartments and condos so developers are forced to build more affordable ones. And limit or outlaw sales for short term rentals. This tax felt like we would be subsidizing builders.

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