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> He’s also hinted at tech’s ability to overhaul zoning rules and control housing costs, a particular interest of Alphabet’s Page. Yeah, right. Toronto is one
by eigenvector 9y ago
> He’s also hinted at tech’s ability to overhaul zoning rules and control housing costs, a particular interest of Alphabet’s Page.
Yeah, right. Toronto is one of the most retrograde cities on housing intensification (it still hasn't intensified around the Bloor-Danforth subway that was built a generation ago)[1]. In fact many neighbourhoods are losing population as the region grows due to extremely restrictive zoning rules.[2] A bit of Google money isn't going to change the electoral calculus of the local politicians that control that stuff.
The most likely scenario is Google convinces the government to sell/give them land in Toronto's Port Lands at below market value, and they make a killing on developing it with some technological window-dressing like free ad-supported wi-fi which AFAIK is the only thing Sidewalk has launched to date.
[1] http://brandondonnelly.com/post/152616141303/the-yellowbelt http://brandondonnelly.com/post/152616141303/the-yellowbelt
[2] http://urbantoronto.ca/news/2017/02/2016-census-mapping-torontos-population-growth http://urbantoronto.ca/news/2017/02/2016-census-mapping-toro...
- walshemj 9y agoAnd how would they control housing costs? Not going to stop speculators from China and Russia desperately trying to move money out of their home countries to stop the government getting its hands on it
- rory096 9y agoBuild more housing.
- Apocryphon 9y agoEnact a foreign speculator tax like Vancouver did.
- drpgq 9y ago> He’s also hinted at tech’s ability to overhaul zoning rules and control housing costs, a particular interest of Alphabet’s Page. Yeah doesn't Silicon Valley and San Francisco have some pretty stringent zoning rules against intensification?
- deleted 9y ago[deleted]