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Even if cities we less restrictive on permitting where would they build all these houses? It’s not like SF, SJ or NY have vast areas of undeveloped land availab

by conk 4y ago

Even if cities we less restrictive on permitting where would they build all these houses? It’s not like SF, SJ or NY have vast areas of undeveloped land available.

nichos 4y ago
San Francisco does, in the upwards direction. They've severely limited building tall, multi use buildings there. John Stossell did a great video on this: https://www.youtube.com/watch?v=b9pgh5EO6lw https://www.youtube.com/watch?v=b9pgh5EO6lw
- conk 4y ago
  I’m not aware of any metro area that’s building affordable high rise housing. The cost of construction goes up exponentially as you increase a building’s height. Even if SF had no restrictions on height I doubt most construction would be over 10 stories due to fire/building codes getting much more restrictive. So you’re left with a developer paying ~$3M to acquire a duplex that they can then build a max of 10 units on. Just the cost of the land is going to require $300K from each unit sold. Add in the construction costs, and a modest profit and you’re back up to 1M+ unit cost. 1M condo is still not affordable for working class residents.
pzone 4y ago
Long Island and Westchester fight tooth and nail to prevent development: we spend billions to improve train service on LIRR, but no large apartment buildings can be built near the stations. It’s just single family homes owned by hedge fund guys. Brooklyn and Queens have huge neighborhoods full of brownstones within minutes of subway stops. Even Manhattan too, in certain neighborhoods like the West Village and Soho.
- mancerayder 4y ago
  It's possible to build on multiple brownstones and replace it with a denser multifamily but: You have to own the lots You have to get permits and go through a lot of reviews by the city and possibly the state (if it's condos) You'll still be faced with aging infrastructure. The subway is 2/3 capacity at most and still there are delays and crowded train cars. I'm not questioning the wisdom of higher density, I'm questioning the feasibility of it. How many years and how much did it cost to make a few blocks of 2nd avenue subway? London and Paris appear to be doing a better job at expanding the city outward, adding infrastructure as they go. There is something deeply, fundamentally wrong with modern urban growth in the U.S., and I suspect it has to do with the decentralized nature of the political system. How many layers of approvals do you need here and how much coordination do you need with how many agencies across how many levels of government from local to Federal.

by conk 4y ago

Even if cities we less restrictive on permitting where would they build all these houses? It’s not like SF, SJ or NY have vast areas of undeveloped land available.

nichos 4y ago

San Francisco does, in the upwards direction. They've severely limited building tall, multi use buildings there. John Stossell did a great video on this: https://www.youtube.com/watch?v=b9pgh5EO6lw https://www.youtube.com/watch?v=b9pgh5EO6lw

conk 4y ago
I’m not aware of any metro area that’s building affordable high rise housing. The cost of construction goes up exponentially as you increase a building’s height. Even if SF had no restrictions on height I doubt most construction would be over 10 stories due to fire/building codes getting much more restrictive. So you’re left with a developer paying ~$3M to acquire a duplex that they can then build a max of 10 units on. Just the cost of the land is going to require $300K from each unit sold. Add in the construction costs, and a modest profit and you’re back up to 1M+ unit cost. 1M condo is still not affordable for working class residents.

pzone 4y ago

Long Island and Westchester fight tooth and nail to prevent development: we spend billions to improve train service on LIRR, but no large apartment buildings can be built near the stations. It’s just single family homes owned by hedge fund guys. Brooklyn and Queens have huge neighborhoods full of brownstones within minutes of subway stops. Even Manhattan too, in certain neighborhoods like the West Village and Soho.

mancerayder 4y ago
It's possible to build on multiple brownstones and replace it with a denser multifamily but: You have to own the lots You have to get permits and go through a lot of reviews by the city and possibly the state (if it's condos) You'll still be faced with aging infrastructure. The subway is 2/3 capacity at most and still there are delays and crowded train cars. I'm not questioning the wisdom of higher density, I'm questioning the feasibility of it. How many years and how much did it cost to make a few blocks of 2nd avenue subway? London and Paris appear to be doing a better job at expanding the city outward, adding infrastructure as they go. There is something deeply, fundamentally wrong with modern urban growth in the U.S., and I suspect it has to do with the decentralized nature of the political system. How many layers of approvals do you need here and how much coordination do you need with how many agencies across how many levels of government from local to Federal.