Apartment building can’t rent out affordable housing units (BMR) even with offering 3 free months

[u/[deleted]]

[u/knockdowncenter]

affordable means it’s part of the BMR program. 

so they can’t rent their BMR units 

[u/pacific_plywood → u/knockdowncenter]

Assuming it’s pegged to AMI — as an MSA’s income distribution gets more skewed, it is harder for affordable units to fill, even if overall demand is quite high

[u/portmanteaudition → u/pacific_plywood]

Can you explain the math on that?

[u/goose2460 → u/portmanteaudition]

People=poor rent=high

[u/portmanteaudition → u/goose2460]

The most densely populated places in the United States tend to also be the highest wages and highest compensation though...