Developers can afford to build affordable housing. They choose not to because the margins are higher on luxury units.
The politicians need to limit the luxury units. We have very little land to build on, housing should be for local residents,not rich tourists or investors.
Howard Hughes is going to make $66 MILLION on ONE building!
https://www.cpexecutive.com/post/howard-hughes-expects-66m-profit-from-one-ala-moana-condominium/