Cohousing-L Mailing List: Re: Article on SF affordable housing project.....

[Brian Bartholomew (bartholomew.brian]

 > One affordable home in S.F. costs $750,000 to build. This developer
> has a plan to do it for $350K - with no public money

> What Toboni, 37, settled on was an idea maybe as challenging as it
> was simple: to build workforce housing for the middle class without
> accepting the sort of public subsidies tax credits and affordable
> housing bonds that finance most of the city's affordable housing.

If a person is "middle class", then by definition they don't need a
government subsidy to make ends meet. The middle class is self-
sufficient and pays their own way.

How does a family with less than two lawyer incomes buy a $750K house,
raise children, and save for retirement (also part of the definition
of middle class)? Perhaps there is no middle class in S.F.?

Brian