The real solution is that new housing permits cannot be granted until a certain threshold of low income housing is met. For instance, if 3% of the rental market is low income housing, and the city ordinance requires 15%, no new multi-unit housing construction permits are granted until the minimum threshold of 15% is met. Don’t let them build their “luxury” condos until the needs of the city are met. Unfortunately, money talks, and right now the people building the condos have a lot of it.