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It's called rezoning them and letting the market handle it. Land value explodes, owners sell, developers bulldoze and build apartments. You only have to do thr
by eloff 5y ago
It's called rezoning them and letting the market handle it. Land value explodes, owners sell, developers bulldoze and build apartments.
You only have to do three things. Rezone, expedite permits, and encourage investment dollars to flow into development.
Sadly most cities that have this problem are failing on all three counts.
- numbsafari 5y agoWhich, more or less, is exactly how Paris became Paris. https://en.wikipedia.org/wiki/Haussmann%27s_renovation_of_Paris https://en.wikipedia.org/wiki/Haussmann%27s_renovation_of_Pa...