They have low margins because they have high costs (like rent, logistics and insurance stuff), so if those get reduced then they can lower prices by exactly that amount while keeping the same margin.
That makes sense, but it does mean the private grocery stores won’t lower their prices in response. So unfortunately it won’t have as good of an effect as affordable housing can have, but still a positive one where these are created.
They have low margins because they have high costs (like rent, logistics and insurance stuff), so if those get reduced then they can lower prices by exactly that amount while keeping the same margin.
Not to mention spoilage
And presumably, higher wages can be included in the formula as well as lower prices.
That makes sense, but it does mean the private grocery stores won’t lower their prices in response. So unfortunately it won’t have as good of an effect as affordable housing can have, but still a positive one where these are created.