Levi Thatcher: Why it’s fine for developers to build luxury housing

Members of the Salt Lake City Council have admirably focused on addressing the housing affordability crisis. As in most cities, they’ve tackled this by increasing the supply of rental units — which is sorely needed — while also artificially keeping rents lower via inclusionary zoning.Effectively, developers are rewarded with loan assistance or relaxed height restrictions if certain percentages of the units are offered at a significant discount from market rent. Locally, density