3 ms·
Mixed use development could really happen anywhere. It's a matter of infrastructure, people need to sleep near where they work/buy/participate in the local econ
by nosuchthing 11y ago
Mixed use development could really happen anywhere. It's a matter of infrastructure, people need to sleep near where they work/buy/participate in the local economy. I assume it makes sense to build large amounts of affordable housing within commutable distance to large cities.
It'll be interesting to see which countries are willing to address housing as infrastructure for their economy. I imagine real estate bubbles will continue to happen as long as NIMBYism and tax policy facilitate speculation. There's no sensible reason housing should cost every citizen of each generation 20 entire years of daily income.
- dllthomas 11y ago"It's a matter of infrastructure, people need to sleep near where they work/buy/participate in the local economy." I agree very strongly with this. The question is how we best make that happen (more). I think helping more local communities have more places to work/buy/participate is going to be a bigger win than building more housing in the places the jobs already are. People commute to San Francisco from Tracy. From Sacramento. Moving those people from Tracy to San Francisco cuts their commute. It also means the demands of those people are now more expressed in San Francisco and less in Tracy. That means fewer jobs available in Tracy and more jobs available in San Francisco; that means more demand for housing in San Francisco.