Comment on Argentina got rid of rent control. Housing supply skyrocketed

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HelixDab2@lemm.ee ⁨2⁩ ⁨months⁩ ago

Cabrini Green, and the other housing projects in Chicago, seem to have been the exception rather than the rule. There are a fairly large number of housing projects in NYC, and most of them are quite decent, far better now than Cabrini Green and other CHA projects were at their best. Ultimately, the issue seems to be Chicago in particular, rather than housing projects in general. The decline in quality is almost always because of a lack of willingness to do basic maintenance. That was certainly one of the major issues that dragged Cabrini Green down; there were smoke stains on at least two of the buildings due to fires that had burned out apartments, and the city had just boarded those apartments up rather than renovating.

The CHA still has housing projects in Chicago, but they’re mostly mixed-income now, with a certain number of units allocated for housing choice vouchers (AKA section 8), with the remainder being market rate; the market-rate units end up covering the maintenance costs for all of the units. The ones I’m most familiar with were built across the street from Cabrini Green, right in the Gold Coast area, and, last I knew, were doing quite well. But, to bring it back around, those were started under Rahm Emmanuel, not one of the Daleys.

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