4 ms·
Affordable housing is needed for poor people. Poor people stay in expensive areas because that's where jobs and social benefits are. If you don't need office to
by RestlessMind 3y ago
Affordable housing is needed for poor people. Poor people stay in expensive areas because that's where jobs and social benefits are. If you don't need office towers, it is mostly because you don't have a big number of jobs there anymore. And with that, you don't have a big number of secondary jobs which affordable housing clients work (food industry, janitors, etc). You also lose the tax base (lower property tax, lower sales tax) and poof goes the revenue which funds social programs most utilized by those who need affordable housing.
In short, if a city finds itself not needing office towers, most probably it won't be able to afford affordable housing neither.
- jedberg 3y agoPeople still want to live in cities for the culture and benefits you can only get when a lot of people are in the same place. And those cultural institutions still need service workers. And people working from home in cities still need service workers too. And the restaurants. There will still be plenty of jobs for folks at the lower end of the spectrum, even if all the offices become housing. Arguably even more, since there would be more cultural institutions open at night.
- deaddodo 3y agoCities didn't exist until skyscrapers? Weird: https://en.wikipedia.org/wiki/History_of_cities https://en.wikipedia.org/wiki/History_of_cities