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Tech millionaire builds 99-unit tiny house neighborhood for homeless Canadians - rent is kept at 30% of income, the large majority of residents pay a maximum of $200 — including all utilities (www.goodgoodgood.co)

submitted 1 week ago by Blaze@sopuli.xyz to c/goodnewseveryone@sh.itjust.works

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[–] Bronzebeard@lemm.ee 9 points 1 week ago (8 children)

When is that 30% determined? Sounds like this would be an inescapable situation. If they finally start making more, they're suddenly overpaying for this shit and can't save up anything to move somewhere better

[–] Feathercrown@lemmy.world 23 points 1 week ago

You'd need to make $2000/month for a cheap apartment (~$600/month) to be cheaper than this. And if you are, just move there.

Anyways, this is irrelevant; Marcel implemented a rent cap much before that.

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