2 ms·
> What's the reason that, with office occupancies down in so many places, there isn't a big push for conversion of commercial zoning to residential multi-family
by panick21_ 2y ago
> What's the reason that, with office occupancies down in so many places, there isn't a big push for conversion of commercial zoning to residential multi-family?
Zoning simply doesn't allow for that in the overwhelming majority of places.
> Incentive programs to reward converting vacant spaces?
How about making it legal first?
> Penalty taxes for holding vacant office space instead of selling it to someone who will figure out something to do with it?
Or just have land value taxation.
All of those things simply miss the underlying structural issues. We know the structural issue. People need to stop thinking in these 'could we do this little micro adjustment, or this little micro adjustment' as if that solves anything.
We know how to solve this, its not really up for debate. Endlessly arguing about micro-optimization. Its like in IT when people argue about some minor optimization in the compiler when their are 100x more blocked by IO.