This Twitter thread by Richard Wittstock of Domus Homes (developer out in Vancouver) is a timely follow-on to yesterday's post about housing supply, land-use regulations, and specific policies such as inclusionary zoning. What Richard clearly describes in his thread is the economic impact of a Community Amenity Contribution (CAC) that requires developers to provide 20% social housing.
https://twitter.com/rwittstock/status/1581061030540873728?s=20&t=EGty0SC2Fk6AYt3qk3IE5g
The thread will walk you through all of the specific numbers, but I think there are three important takeaways:
Everything has a cost. It is entirely disingenuous for anyone to refer to inclusionary zoning or other similar policies as a mechanism for "