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Jeff Kaufman
jefftk.com
did:plc:k35xx6alir7rsmwfzh74abnp
The legal term "affordable housing" is actually a decent operationalization of whether housing is something regular people can afford. If the area median income (AMI) is $100k, then a "50% AMI" unit is priced so someone earning 50% of the AMI ($50k) spends <1/3 of their income ($1,390/month).
https://www.jefftk.com/p/misconceptions-on-affordable-housing
2025-06-27T02:31:46.036Z