5 ms·
minneapolis got hit pretty hard.
by arpstick 4y ago
minneapolis got hit pretty hard.
- systemvoltage 4y ago> In 2017 Portland ranked third. Now it has dropped to 66th out of 80. https://www.economist.com/united-states/2021/06/12/portland-was-once-a-byword-for-tattooed-vegan-microbrewers https://www.economist.com/united-states/2021/06/12/portland-...
- pedrosorio 4y agoThe link has a paywall. Portland ranked third in what?
- ProjectArcturis 4y agoThird in "desirability for property developers", as if that were some kind of important metric for a city.
- Der_Einzige 4y agoIt is. Portland went from shockingly massively increasing home prices to declining home prices in no small part due to this.
- ProjectArcturis 4y agoIsn't it generally better to have affordable housing than shockingly massively increasing home prices?
- QuarterReptile 4y agoClearly not, in the context of this discussion. No city is better off by eviscerated its tax base.
- allisdust 4y agoOnly if anyone want to live there. Why would anyone want to purchase a house or live in a place how ever affordable it is, where a mob might burn their house down.
- brailsafe 4y agoThe way I read this is that the more desirable a city is to property devs, the lower the cost of housing, which seems true. Affordable housing = Less scarcity, less scarcity comes from building more