Taj Mahal — famous as a mausolem, less known as an affraudable housing style (at least one person in the world can afford it as a home).
Affraudable housing is becoming more common these days. All that is needed is a bad attitude, some small math skill, and a willingness to pull the wool over hopeful eyes.
Governments are by no means necessary for the creation of affraudable housing, but their participation helps.
Canada, for example dedicates as a part of a national housing plan, to spend a significant portion of its annual housing investment based on household income. It is then termed — not ‘social housing,’ or ‘market-based housing,’ but ‘affordable housing.’ The definition of this term can change and does change upon government whim, with no two governments locally, regionally or internationally necessarily required to adhere to the same definition.
Since nobody knows what the term ‘affordable housing’ means any longer, it seems most appropriate to flag its meaninglessness by calling it ‘affraudable housing’.
So, just what can affraudable housing projects do for governments and housing development industries? A great deal, as it happens, depending entirely on the objectives of all involved (with the exception of many potential home occupiers themselves, who are often unknowing victims of a fraud).
Here’s an excellent example from the United Kingdom of just such a government approved and funded ‘affraudable housing’ scheme that has been disappointing potential housing renters for a dozen years. Read more at BBC NEWS: Affordable housing schemes: ‘Invisible’ renters earning £30k not eligible