Reply to We need to build more: gentrification caused by blocking housing construction (not the opposite!)

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]

Stockholm? Hahaha. Any success stories closer to home? How is density working out in Manhattan? [/quote]

What do you mean, how is it working out? The population density in Manhattan is about 26,000 people/mi2. How's it working out in Taipei (39,000 people/mi2), Seoul (43,000 people/mi2), and Lagos (47,000 people/mi2)?[/quote]

How is it working out in terms of affordable housing? [/quote]

As far as I know, the argument is that increasing the supply of housing will reduce the price of housing, not that places with higher population densities have lower housing prices.[/quote]

This is when GGW switches to the 'green argument'--that crowded cities of purely apartment blocks are more 'green' than cities with a mix of dwellings including single family homes and lawns. When they can't prove the affordable housing they pull out the Greta Thunberg card. They go back and forth. [/quote]

Huh? How else would you increase the supply of housing? The housing has to occupy space. Either you make more land (but they're not making any more land), or you put more housing units on the same amount of land. Which is what you're calling "density".[/quote]

Even if you do that, housing prices won't fall. [/quote]

Supply and demand applies to the housing market too. Just ask the posters above talking about the bargains to be had in apartment rents in DCs these days.[/quote]

NP. Yeah, so many bargains in DC if you have 1.5 mil.[/quote]

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