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I believe I acknowledged that in my comment, and suggested a possibility of building rapid transit to also increase the effective supply in such cases.
by goodcanadian 6y ago
I believe I acknowledged that in my comment, and suggested a possibility of building rapid transit to also increase the effective supply in such cases.
- deleted 6y ago[deleted]
- cygx 6y agoThe accompanying change in demographics (eg driving all but the most well-off families out of the city) might not be deemed acceptable.
- goodcanadian 6y agoSure, but isn't that happening anyway? At least this gives the less well off a reasonable option.
- cygx 6y agoSure, but isn't that happening anyway? Not necessaarily, no. The example of Vienna has already been brought up, where the city outright owns something like 1/4 of of all rented flats, and (as of 2017), about 2/3 of all citizen live in municipal or publicly subsidised housing. There are reason why it's considered one of the most livable cities in the world.