M
madisona said:and what is the developers point of view?
annR said:I don't understand why people think The Affordable Housing scheme ( I presume that's what's meant?) brings down an area. It just allows people under a certain income to buy at a lower price; they're still holding down a job and paying a mortgage like everyone else.
Or simply that Mr. X has to buy his house for 270,000. But Mr. & Mrs. Y can buy theirs on the affordable housing scheme for 200,000. Therefore there is an immediate uncertainty about the value of the house.
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