As Inclusionary housing has been making in-roads on the affordability of housing in cities across the country, it seems to follow that the same could be done with commercial properties as well. What I’m thinking is a similar structure of 10 – 15% of lease-able space is designated at median rent rates for a city. It could be a great economic boom to entrepreneurs who are looking to enter new markets. Why settle for Panda Express, when you can have a more authentic experience at your local strip mall?
How would you select seems to be the next question. Perhaps it would only be available to first time business owners, or the would be tenant lives in the city. Just a thought.
