Housing in San Francisco: Only Affordable for the Upwardly Mobile
AlJazeera America

In exceedingly expensive housing markets like San Francisco and New York, even the tools supposedly designed to preserve affordability for average working families, such as Below Market Rate set asides for supposedly “affordable housing,” are being used to benefit the upwardly mobile. San Francisco and other cities are effectively subsidizing upper-middle-class people to move in, paving the way for gentrification of historically low-income neighborhoods.
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