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> I think the idea is that it locks them out of owning real estate. How does urbanism lock people out of owning real estate?
by throw0101c 5mo ago
> I think the idea is that it locks them out of owning real estate.
How does urbanism lock people out of owning real estate?
- amanaplanacanal 5mo agoIt doesn't have to, but at least where I live, urban means apartments, and the great majority of apartments are rentals, not for sale.
- throw0101c 5mo ago* https://en.wikipedia.org/wiki/Condominium https://en.wikipedia.org/wiki/Condominium ?
- api 5mo agoCity land owners use their political power to block new construction to force real estate to appreciate in value. This can be overridden but it's hard. Most cities with good economies have unaffordable real estate.