Changing the way Area Median Income is calculated would be as helpful in addressing our housing crisis as measuring building heights in meters instead of feet.
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Well AMI is just a descriptor. Call it 80% of AMI or 100% AMI - it makes zero difference in the financing or ultimately the rent. So it doesn’t make housing more or less affordable or change who lives in it like…at all
But if your point is about comms/narrative and highlighting the real cost of subsidized units I don’t think we should be using “AMI” at all and should just go straight to talking abt rent
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I'd be fine doing away with it, but until then it serves as a point of reference. Allowing it to distort reality in the wrong direction seems like a political L
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