Padsplit's answer is that no politician will attach the affordable housing industry because this is the only private solution to solve the housing crisis now. 

That situation sounds frustrating, especially with the rate change coming as a surprise.

“No, I’ll release the money on draws, that won’t happen…” Ok, so you need margin for when it’s 50% done and they say they can’t afford to get to the next draw point.

As we first hand see the demand for student housing with a low supply of affordable options in the area.

@Nancy Almann, dealing with people is often frustrating.

It can get really sticky, cause frustration and ruin a friendship if expectations aren't set up front.

My wife and I would remain renting in our current apartment and we could easily afford to cover the mortgage indefinitely if/when it would be vacant. 

Or if you plan on staying in the property for a while, some people aim to just pay less than their current rent.In a real estate market where housing affordability is a major concern, house hacking actually stands out as an even more valid strategy than ever for buyers.

@Philip JonesYes, it can be a source of frustration and a complete time suck but you may find a deal.  

We are coming down there in 2 days and I hope to see something I like and can afford.