I agree with most of this, but "concessions for low-income housing" don't actually achieve the goal of making housing more affordable, because they penalize developers for developing.
The effect is to redistribute a small quantity of housing to the lucky poor--and I mean "lucky" because the waiting list for affordable housing in NYC is years long--without voters really feeling like their wealth is being redistributed. But I live here and $3000 is redistributed from my bank account every month; unfortunately, it is redistributed to a rich landlord rather than the deserving.
The effect is to redistribute a small quantity of housing to the lucky poor--and I mean "lucky" because the waiting list for affordable housing in NYC is years long--without voters really feeling like their wealth is being redistributed. But I live here and $3000 is redistributed from my bank account every month; unfortunately, it is redistributed to a rich landlord rather than the deserving.