I know where I'm from, we have an influx of foreign students, paying out-of-country education costs. I have no issue with people from wherever coming here to study. It's cool, since it brings in a lot of ethnic stuff, as we all benefit.
The downside is actually that, alongside city government allowing "luxury highrises" for the students. We're in the middle of Indiana, and these rooms are going for $1400/mo.
It's a combination of many different things; Indiana University owns a great deal of land and pay taxes on pretty much nothing, the city council refuses to say no to the luxury condo makers, the council refuses to allow low cost apartments or assist funding them, the state refuses to let bloomington to annex more land. And of course, NIMBYs are in many neighborhoods, but this is only one facet.
What's "affordable housing"? The common refrain is 'The Market will tell us'. Well, the market also says "if you can't find a good job, you're gonna live in the city park".. So I don't put much trust in that market religion. Takes people in decision making roles to solve this one - Government.
I know where I'm from, we have an influx of foreign students, paying out-of-country education costs. I have no issue with people from wherever coming here to study. It's cool, since it brings in a lot of ethnic stuff, as we all benefit.
The downside is actually that, alongside city government allowing "luxury highrises" for the students. We're in the middle of Indiana, and these rooms are going for $1400/mo.
It's a combination of many different things; Indiana University owns a great deal of land and pay taxes on pretty much nothing, the city council refuses to say no to the luxury condo makers, the council refuses to allow low cost apartments or assist funding them, the state refuses to let bloomington to annex more land. And of course, NIMBYs are in many neighborhoods, but this is only one facet.
What's "affordable housing"? The common refrain is 'The Market will tell us'. Well, the market also says "if you can't find a good job, you're gonna live in the city park".. So I don't put much trust in that market religion. Takes people in decision making roles to solve this one - Government.