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I concede that past efforts at urban renewal have usually neglected to take into account the needs of all (or even most) stakeholders. It's an intractable probl
by sydbarrett74 3y ago
I concede that past efforts at urban renewal have usually neglected to take into account the needs of all (or even most) stakeholders. It's an intractable problem, but not impossible. Perhaps the perfect storm of a housing crisis, climate change, and lower property tax revenue from a collapse in commercial RE might force rational heads to come together.
- ghaff 3y ago>a collapse in commercial RE Perhaps. But if jobs are not a reason to live in a city, I expect that will change the housing equation for many people and they'll just move somewhere that isn't as crowded. Which is probably even a good result overall. Lower housing prices for people who want to live in a city for other reasons--albeit perhaps with reductions in services and other favored urban features overall.