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If denser housing alone won’t stabilize rents, what will?(Government incentives)

St. Paul Pioneer Press Story, quoting Alan Arthur, CEO of Aeon, an affordable housing developer:  “The private market place has never produced affordable housing just because the community needs it, and will never,” Arthur said. “The only time the private market has produced affordable housing is when government has offered significant incentives — sometimes totally giving away money — to do so.”

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