The Affordable Housing Industrial Complex
27th October 2023
Early this week, Grassroot Institute executive director Keli’i Akina interviewed the Antiplanner about affordable housing, why it costs more than regular housing, and why the Hawaii Housing Finance & Development agency refuses to release records that would help the public understand where their money is going. The interview was posted on YouTube late Wednesday evening.
Affordable housing is a nationwide scam and Hawaii is far from the worst offender. As the state with the second-least-affordable housing in the nation, however, local politicians are prone to promoting affordable housing subsidies as the solution to housing affordability problems, which doesn’t work as they are two different issues. The Antiplanner suggests that affordable housing subsidies should solely be in the form of vouchers directly to low-income people, not subsidies to developers who build costly projects at taxpayers’ expense.