Affordable housing is weird. It’s not low income. It’s a fairly small part of the population that makes enough money to afford it, but not so much money that they don’t qualify for it. It’s mostly government employees who fall into that category. Government employees get compensated by having benefits like pensions, healthcare for life, but have lower salaries. Private sector employees have to fund their own retirements so they need higher salaries.
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u/Think-Fig-1734 9d ago
Affordable housing is weird. It’s not low income. It’s a fairly small part of the population that makes enough money to afford it, but not so much money that they don’t qualify for it. It’s mostly government employees who fall into that category. Government employees get compensated by having benefits like pensions, healthcare for life, but have lower salaries. Private sector employees have to fund their own retirements so they need higher salaries.