this post was submitted on 20 Mar 2025
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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 2 points 1 week ago

You tend to need a deposit to move into a new place. Which requires savings. It's hard to save when the biggest expense you have keeps going up in direct proportion with the money you make...

Why is this so hard to grasp?

Yes, apparently there's a cap, but if there hasn't been, it sounds like one of those surface level nice things that is actually exploitative