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For better or worse this is a fact of life. Happened in Manhattan and SF too. What makes a place attractive draws outsiders who drive up demand for housing.
by mathattack 8y ago
For better or worse this is a fact of life. Happened in Manhattan and SF too. What makes a place attractive draws outsiders who drive up demand for housing. Efforts (zoning, etc) to protect the status quo also drive up costs. Only the wealthy can afford to move in.
- pmoriarty 8y agoWhat about building housing in which only people below a certain income and net worth can live?
- mathattack 8y agoI’ve thought similar ideas around “How about housing specifically for public servants so that teachers and police officers can live near their constituents” It’s very difficult to get right with central planning.