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The issue with this is most parts of large cities are substantially less dense than incredibly livible neighborhoods such as the plateau area of Montreal. It i
by graeme 1y ago
The issue with this is most parts of large cities are substantially less dense than incredibly livible neighborhoods such as the plateau area of Montreal.
It is illegal to build such a neighborhood in 99% of Canada. People love it here, people start families here, tourists visit, it's quite, lots of parks and shops.
And it's 3-4 as dense as most areas of most major cities. But we've made it illegal to build. For zoning, double stairway rules, minimum parking rules, setback rules, strict permitting requirements, and thousands of other things.
- cyberax 1y ago> It is illegal to build such a neighborhood in 99% of Canada. And that is good. It's making Canada liveable and keeps the prices from skyrocketing EVEN HIGHER.
- rfrey 1y agoThe claim that increasing housing supply would increase prices probably requires some argument.
- bluefirebrand 1y agoAs long as foreign wealth can continue to buy up properties as they are built, the actual housing supply doesn't really increase That's a pretty large part of the problem
- cyberax 1y agoPreventing increase in _density_ leads to better outcomes long-term. It sounds crazy, right? Supply/demand, and all of that. But it's an example of one of the things in economics where the effects end up being different because of collective actions. As a result, no large growing city within the US within the last 30 years managed to lower down housing prices by increasing density. I checked that using the Census statistics database. And no, Austin (TX) doesn't count. It decreased prices by decreasing the _population_.
- graeme 1y agoDoesn't look like Austin's population decreased? They had a decline in net migration but a population increase.
- loeg 1y agoAre we talking about the same Austin, TX? https://www.macrotrends.net/global-metrics/cities/22926/austin/population https://www.macrotrends.net/global-metrics/cities/22926/aust... Its population continues to grow. Basically monotonically increasing.