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Cities obviously cannot or do not build housing. Given that, beyond say SimCity, has anyone developed simulations of how these new regulations / incentives wou
by tmaly 3y ago
Cities obviously cannot or do not build housing.
Given that, beyond say SimCity, has anyone developed simulations of how these new regulations / incentives would actually affect housing?
- everforward 3y agoThis seems like something where the outcome of the simulation is dramatically influenced by the starting assumptions to the degree that the results are useless. It allows plots of land to be smaller, but is the extra space taken up by housing or businesses? Is the housing single family or high density? How do wider economic trends interact with developers' interest in building/not building? I would think interest rates interact with developers' willingness to build and what they want to build. Those factors feel very subjective to me. Not to mention that if a model existed that could accurately predict this, I would eat my hat if the model wasn't immediately bought out by a fintech firm for some absurdly large sum. Being able to accurately predict the housing market is a blank check for printing money.
- c0nfused 3y agoThe city I live in added "transit oriented development" a few years back along with a bus rapid transit along the same area. The results appear to be a full bus, the whole sale replacement of one and 2 story buildings along the bus line and a general consensus in the city that it worked pretty well. We just approved ending parking minimums and by right auxiliary housing units, read anyone can put in an apartment over their garage, this summer so the jury is out on it as yet city wide.
- unethical_ban 3y agoCome visit San Antonio or Denver and see the apartments built in the past 10 years.