Hidden truth: Free market housing can be financed without soaking taxpayers

Funds needed for new, affordable developments can be financed through capital markets without the massive gov’t outlays, says Leonard Grunstein, Managing Member at Hanlen Real Estate Development & Funding. In fact, cities can use a public/private funding model that would use market forces to fix their housing crises in an economical way. Originally in Gotham Gazette. We could reach an affordable…

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