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SnakeFang93 t1_j541lb7 wrote

Lack of affordable housing and resistance from some towns/ counties to develop it

Single use family homes become more and more few and far between as supply is low and demand is high. Rents soar and mortgages and interest skyrocket.

What can be done, if anything?

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Financial-Tough-250 t1_j5cs1jn wrote

the state can build public housing/ rehab vacant properties instead of relying on private developers to include small amount of affordable units in new developments, the state can stop giving tax incentives to developers building luxury apartments/ condos.

a recession is coming/ already here, who will be able to afford all the luxury units being built?

Democrats are too scared to challenge the status quo.

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gabbydeben OP t1_j5689mc wrote

Hey! This is another issue we've seen a lot of interest in — our fantastic housing reporter, u/GinnyMonk1, has covered affordable housing in Connecticut. The General Assembly is likely to take up legislation surrounding housing and zoning in 2023, as she reported earlier this month: https://ctmirror.org/2023/01/05/ct-legislative-session-housing-evictions-zoning-homelessness/.

One state law passed three decades ago — commonly referred to by its statutory reference, 8-30g — was designed to encourage affordable housing development in CT's suburban communities. An "explainer" on 8-30g can be found here: https://ctmirror.org/2022/10/18/ct-8-30g-affordable-low-income-housing-rent-cost-of-living/.

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