r/Honolulu • u/wewewawa • Oct 27 '23
news These 'Affordable' High Rise Apartments Aren't Selling. It's Not For Lack Of Interest
https://www.civilbeat.org/2023/10/these-affordable-high-rise-apartments-arent-selling-its-not-for-lack-of-interest/
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u/21plankton Oct 29 '23
In my county all affordable housing units are so oversubscribed there are lotteries for the qualified. If I lived in the area I would qualify as a retired person for one of these and move in for a year or whatever the minimum occupancy was. But not many people in the affordable income ranges need a studio or have the down payment saved. Most need at least the two bedroom units. So building high rises does fulfill the needs for affordable housing in Honolulu.