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Ultimately affordable housing isn't a factor of price as such. There have always been very expensive parts of town. It is how abruptly the city ends. Once these
by hoaw 8y ago
Ultimately affordable housing isn't a factor of price as such. There have always been very expensive parts of town. It is how abruptly the city ends. Once these smaller cities get expensive there it nowhere to go, the rest is suburb. 10 000 new people in NYC is almost a rounding error, while even 1000 people in a smaller city (with a small core) could be significant.
This is also what San Francisco suffers from. It goes from city to essentially suburb extremely quick. While cities like New York, Paris and Tokyo just go on and on. Of course we only talk about those examples because they have developed that way over decades.
- ghaff 8y ago>There have always been very expensive parts of town. Historically, yes. But I'd argue that there are a lot of US cities that got pretty hollowed out by white flight and other factors to the degree that there were essentially no desirable parts of town. What's happened is that any number of those cities now have a revitalized urban core (however small) and living in that small core with the dozen or so restaurants you can walk to, maybe some small markets, new condos, etc. is pricey. I've either worked in or spend a fair bit of time in a few of those places. The few dozen square blocks on gentrified core is pretty nice as a visitor but it's pretty small.