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Redevelopment often mitigates housing scarcity in general, including for existing residents. They may have to move to a slightly smaller apartment within a gen

Redevelopment often mitigates housing scarcity in general, including for existing residents. They may have to move to a slightly smaller apartment within a generally much improved area, which usually leaves them better off. This is especially true for LVT, which amounts to a decrease in property tax for the improvements to land.

senordevnyc 5mo ago
They may have to move to a slightly smaller apartment within a generally much improved area, which usually leaves them better off. Good luck selling this to voters.