3 ms·
> City planners have to predict what is going to happen in the future decades ahead. Current trend: single family houses have shot up in demand due to remote w
by majormajor 6y ago
> City planners have to predict what is going to happen in the future decades ahead.
Current trend: single family houses have shot up in demand due to remote work.
So is the prescription "tear down single family houses"? Seems like cities that do that are just going to push people even faster towards other areas which aren't so saturated.
If this trend continues some sort of balancing between not just SF/NY but even Dallas/Austin and smaller, more rural areas, is inevitable. There just isn't enough land for more single family houses in the most popular cities! But reacting as if consumer preferences for housing type doesn't matter seems like a recipe for putting yourself into an even worse position long-term.
- nomel 6y agoLooking at the listings in the Bay Area, condos are more expensive than homes, with the same square footage, since they're new and "luxury". I question if tearing down houses for something high density would make anything cheaper.
- spiralx 6y agoPeople are moving into the city and buying those luxury condos instead of buying houses in existing neighbourhoods and driving up prices there.