3 ms·
if you permit more density on a small amount of land, the value of that land will go up. there's only a few places to put the new units, so the good land is sc
by harrison_clarke 2y ago
if you permit more density on a small amount of land, the value of that land will go up. there's only a few places to put the new units, so the good land is scarce, and the price goes up
if you do it over a whole city, i'm not sure it still holds. not as much, anyway, since the developers have more choices on where to build
- prawn 2y agoI'm not sure that's an experiment we'd see unfold due to NIMBYism. (Not commenting on whether that's an appropriate reaction, just that it's inevitable.) So I wonder if within realistic constraints it's still a fairly safe assumption?
- harrison_clarke 2y agothe city i'm in has done it up to 4 units. it's pretty recent (less than a year, i think), so i don't expect to see much effect yet NIMBYs did indeed get involved: you can build up to 4 units in basically any residential zone except for the "rich people" part of town more cities seem to be doing this sort of thing. hopefully we'll have more/better papers on it in the near future. (and hopefully it works)