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> "Making mixed-use neighbourhoods was done with the best of intentions for our health, happiness and the environment, but as communities become more attractive
by sologoub 9y ago
> "Making mixed-use neighbourhoods was done with the best of intentions for our health, happiness and the environment, but as communities become more attractive places to live, demand to live there increases costs," said Markus Moos, a professor at Waterloo's School of Planning. "Walking to a nearby fancy coffee shop is nice, but the premium people pay for that luxury means the barista can't afford to live near their job.
Feels like clickbait and a statement of the obvious - of course well thought out and walkable developments will attract a premium when compared to less walkable and useful developments. If we want people to not be priced out, we need to build enough to meet the demand and redevelop existing stock to match the current trends.
And you know what, we’ll still be rebuilding neighborhoods to match the then current trends 100 years from now. That’s the entire point - if the city doesn’t adapt to what people need/want overtime, areas that reflect those preferences will become unaffordable, whereas areas that do not reflect those preferences will decrease in value.
- DataWorker 9y agoOr everything will increase in value because of less supply than demand.