Last year I reported on the experience of Barbara Hernandez, the buyer of an “affordable” studio in downtown San Francisco provided by inclusionary housing, who has since experienced so many hikes in her homeowner association fee that it is approaching the cost of her mortgage, effectively doubling her payments to the point that she can no longer afford her home. Her experience suggests that adding a dollop of affordable housing into a luxury recipe can do those in need of affordable housing more harm than good.

Last month Voice of San Diego reported on a development in which some inclusionary housing condos were priced at $183,701 when a comparable market-rate unit in the same project was listed for $168,000. In such odd cases, it seems market forces are doing a better job than the government at creating affordable housing.

LINK
http://www.sfgate.com/entertainment/article/Is-inclusionary-zoning-providing-our-much-needed-2491071.php#page-2