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Could you please present a logical argument to back your claim? For example, logically, if someone is in a high density area and can walk to their workplace whi
by jfoster 7y ago
Could you please present a logical argument to back your claim? For example, logically, if someone is in a high density area and can walk to their workplace which is nearby (since it's a high density area), there is less of an infrastructure burden as they do not need to commute each day. That means they won't be contributing to a traffic jam or packed train.
What's the argument for sprawl leading to less infrastructure burden?
- icebraining 7y agoWhat meddlepal is saying is that it works in SimCity (4), not that it works in the real world.
- C1sc0cat 7y agoCost - when I worked in Central London I could not afford to buy a former council flat (Red Lion Square) near work, My Boss , a Director and My Bosses Boss the MD could not afford it either
- sprafa 7y agoLondon has hugely inflated house prices, particularly in Central but now all over the city due to foreign investment. It's obvious - virtually no one who actually lives in the city can afford it anymore.
- user5994461 7y agoNot entirely true. The various CXO, MD, expensive contractors and middle managers in large companies can afford in some parts of the city. They could afford almost everywhere a couple years ago. There is a lot of money in London, people just can't fathom how much. An income of £100k a year only gets you around the top 10% of workers. Needless to say. The closest you get to the center, the more you are competing against the very top percentile, which is filthy rich.
- sprafa 7y agoSure that’s relatively true but it makes no sense for 90% of new housing to be built for those 10% of individuals (and I think it’s less than 10%). What makes more sense is that direct foreign investment has spiralled prices up because it allows the 10% richest of any country to buy london property (whether they live there or not). I mean I’ve seen ads for London property in Honk Kong and I’ve heard reports of a Russian buying up entire towers in the Battersea development (from a contractor there). I think the idea that current housing is completely unaffordable to the median wage (around 30k) to be incomprehensible unless you account for huge amounts of foreign investment. Sure there’s lot of wealth in London there’s always been. From memory the multiplier between wage-to-house-price went up like 10x in the last couple of decades (let’s say something like from 9x annual salary to 90x) I don’t understand how that could happen without foreign money. People can’t build unaffordable housing to the local population unless they are not catering to the local population.
- jfoster 7y agoBut then that just means the area isn't high density enough, right? High density means greater supply. As supply increases, you would expect that the cost of a flat will decrease, except if value had been created by increasing the density. I think value will be created by increasing the density initially; consider the extreme case of city property value versus country-side property value. That can only keep happening up to a certain point, of course. It seems most places haven't found that ceiling yet. As you mentioned, high density to you implies high cost. That's because the density isn't yet high enough.
- bluGill 7y agoNot exactly. A manufactured Single family house (ie trailer house) is about the cheapest building you can make for a family. However the construction doesn't scale at all: it isn't strong enough to go up and for fire reasons there needs to be a gap between units. The next level of construction (which can still be manufactured but needs more onsite setup so traditional on site is competitive) costs more to build, and it scales somewhat linearly to about 5 floors. Then you get a price jump. In short, the highest density cannot be as cheap as the mid density because the rent you need to justify that level of building must be higher than the middle levels. On the other hand, 5 floors is much larger than most areas have. There is plenty of room to grow denser without crossing that limit. There are also sticky factors. It costs a lot of money to build something. If you already have a building your rent needs to be high to justify tearing down a perfectly good building and building larger. It is possible for rent to be increasing fast in a neighborhood with only a few more people who want to live there than there are units. So you risk building bigger only to discover you can't rent all your new apartments and rent drops for everybody as supply now exceeds demand.
- mywittyname 7y agoThis is the reason affordable housing needs to be built 40 years ago. If a large apartment building was built in 1979 with a target rent price of $500/mo, that would have been considered a high-end development. Today, that building could (not necessarily will) provide low-income housing. As it would be paid off and $500/mo per unit could probably still provide enough money for maintenance and upkeep.
- tzs 7y agoDon't most people change jobs more often than they change where they live? Unless the employers in your field are concentrated in one area, being able to walk to work probably only lasts for one or two jobs for most people, and then they end up commuting.
- landryraccoon 7y agoI think if you live near public transit downtown it's easy to change jobs without a commute.