The power of a single-issue group
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The power of a single-issue group
Even if all new homes built between now and 2030 were within walking distance of transit stations, the market demand for walkable transit accessibility would still not be met.
Arthur C. Nelson • Reshaping Metropolitan America: Development Trends and Opportunities to 2030 (Metropolitan Planning + Design)
Because she saw that older, shorter buildings were cheaper, she incorrectly believed that restricting heights and preserving old neighborhoods would ensure affordability. That’s not how supply and demand work. When the demand for a city rises, prices will rise unless more homes are built. When cities restrict new construction, they become more expe... See more
Edward Glaeser • Triumph of the City: How Our Greatest Invention Makes Us Richer, Smarter, Greener, Healthier, and Happier
In her essay “The Homeownership Society Was a Mistake,” Jerusalem Demsas, who covers housing at the Atlantic, traces the politics of treating homes as assets. Housing is often spoken of as a safe investment, but it’s not. Homes rise in price when there are too few of them to go around. The greater the gap between supply and demand, the higher the r
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