2 ms·
Even if we lived in a world without zoning, occupied residential land is going to take far longer to densify than basically-empty former-commercial/industrial s
by majormajor 3y ago
Even if we lived in a world without zoning, occupied residential land is going to take far longer to densify than basically-empty former-commercial/industrial stuff.
All the suburbs building the same sort of multi-story mixed-development to replace what used to be strip malls or warehouses or whatever also have single family housing and existing residential - it's just worlds easier if you don't have to deal with as many property owners or with people who don't really want to move.
- whats_a_quasar 3y agoYou may or may not be right but "Building dense housing along transit will take longer here than it did there" is not a good argument against building things in the Bay. Upzoning provides a windfall for the current landowners, increases tax revenue, provides more places for people to live, and reduces price pressure on people being pushed out of the neighborhood. The author pointed out that apartment dwellers pay more in taxes than they consume from city services, and that a group of homeowners who were interested in selling were able to get their land upzoned and sell to a developer for a 3x return.