That's an interesting approach. Some research has been done on practices elsewhere. In Britain, for instance, major developers are required to build a certain amount of affordable housing when they get approval to build a housing estate. I think something like that has also been done in Vancouver, and I've been told that it's practised in California. No report on this has been made to council, as far as I know, but it's certainly something to be investigated. If it involves a change of powers, that's something else to look at. It sounds like a good idea to me.
On June 2nd, 2009. See this statement in context.