this post was submitted on 19 Mar 2024
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Indeed, yes. There are actually a lot of such cases in EU (state sponsors directly or indirectly housing projects a few 100 units at a time), even if it's "just" a case of better priced (still market priced, but not that extremely "for profit" driven) offerings, people either get to buy or at least to live in contemporary housing of some stature/location (bcs commute is a killer in every non-economical sense). This builds local communities, art, places to live/visit/enjoy, and facilitates families/family needs.
It also helps to stabilize the market & gives a chance for normal people to (somewhat) catch-up up to the market they helped to built/their labor built.