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Affordable housing Quote by Jamie Dimon

“Everything needs to work at the same time. But what keeps society vibrant permanently is jobs, industry, business, and stuff like that. It pays for everything else. If you just build affordable housing, and those people don't have jobs, it'll no longer be affordable soon. So you really have to…” quote by Jamie Dimon
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“Everything needs to work at the same time. But what keeps society vibrant permanently is jobs, industry, business, and stuff like that. It pays for everything else. If you just build affordable housing, and those people don't have jobs, it'll no longer be affordable soon. So you really have to build around the business community.”

Jamie Dimon

About This Quote

Source Interview: CNBC, 2023

Society needs jobs and industry to fund other services; housing alone isn’t enough without employment.

In simple terms: Jobs fund public services; housing must be tied to employment.

Key Takeaway

Support business ecosystems to sustain affordable housing.

Themes

economy housing employment public policy

Mood

concerned pragmatic

Type

policy economic

When to use this quote

  • city planning
  • affordable housing projects
  • government budgeting
  • community development

Key Concepts

sustainable development social contract urban planning

Questions to Reflect On

  • How can policy link job creation to housing stability?
  • What incentives encourage businesses to stay in low‑income areas?
A Different Perspective

If businesses fail, housing affordability collapses.

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