2 ms·

> Nobody even wants the 1-story buildings because you have to pay 5 times as much LVT per square foot as the 5-story buildings. Local land is no longer scarce b

• AnthonyMouse 2y ago
  Nobody is required to live in an apartment. All you're doing is not prohibiting apartments and condos from being built. Also notice the extent to which this is almost irrelevant to the number of single family homes you can have. Suppose you eliminate density restrictions and then 95% of the land area remains single-family homes, but the other 5% has an average of a 5-story building with four house-sized units per floor on it. You have just doubled the amount of housing available, but there are still 95% as many single-family homes as there were before. In theory this means that 5% of the people who would have had a single family home would now have a condo. But you also only had enough housing for 50% of the people who need it, so in the alternative where you only allow single family homes, 50% of people are homeless. Or, in practice, live with their parents -- and would much rather a condo than that.