The Housing Theory of Everything

Cities are predicated on a set of trade-offs that no longer make sense. Middle-class people tolerate density, pollution, disease, crime, high taxes, and expensive housing to access superior employment opportunities. If comparable opportunities can be accessed without the above costs, many people will opt-out of the current arrangement.

We accept today that the days of startup cities, at least in the West, are over, but I don't think we should. And the societal changes that a post-COVID world makes possible could restart this cycle. For thousands of years, ambitious young people have had to move to big cities run by the kind of people who run big cities to maximize opportunity in ... See more