4 ms·
> That's why it's not the best idea to use subsidies to lure one of the largest tech companies in the world to your town. Available housing declines, it takes f
by jonknee 9y ago
> That's why it's not the best idea to use subsidies to lure one of the largest tech companies in the world to your town. Available housing declines, it takes far too long in the feedback cycle for new housing to be built, and you've made the city marginally worse for anyone who isn't a tech worker.
On the other hand, your city gets a ton more wealthy and existing homeowners essentially win the lottery.
- toomuchtodo 9y agoSounds terrible for urban planning and quality of life.