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If you want to live in a low density city, there's plenty of other smaller cities, suburbs, and sparsely populated rural areas where that makes sense. If you'r
by nosuchthing 9y ago
If you want to live in a low density city, there's plenty of other smaller cities, suburbs, and sparsely populated rural areas where that makes sense.
If you're seeking to artificially limit growth and prohibit buildings from being developed in the largest urban area in the country, than it'll inevitably suffocate economic growth as younger generations and entrepreneurs turn elsewhere.
- mantas 9y agoIt will help local younger generations to get affordable housing. What it will turn away is foreign investors in real estate, just seeking where to park their money (e.g. Vancouver). It will limit only unsustainable growth which would lower (possibility of) crisis usually following influx of cheap money (e.g. most of Europe in '08).
- chronicy292 9y ago> It will help local younger generations to get affordable housing. And since when is affordable housing in popular dense Urban areas a right for younger generations? If the younger generation can't afford it, they should take a loan, just like they did to college.
- conanbatt 9y agoYou are forgetting the effects of getting so much foreign cash into your economy.
- mantas 9y agoI'm referring to them in 2nd part of my post: > It will limit only unsustainable growth which would lower (possibility of) crisis usually following influx of cheap money (e.g. most of Europe in '08).