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Reply to "Cities with No Children"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If you add enough units, prices will go down, at least in theory. In practice, all those units would be snapped up by the many people living in the suburbs who have terrible commutes into DC. There are hundreds of thousands of people who get up every day at 4am to avoid traffic or who sit in their car four hours a day. I suspect many of them would be willing to pay quite a bit to have a normal commute. Perhaps the up-zoning crowd could go buy their old places in Sterling or Bowie. [/quote] If that happened, that would be a good thing, wouldn't it? More people living closer, with shorter commutes, less driving, better air quality, fewer greenhouse gas emissions, etc.?[/quote] A lot of people want their tract home in the burbs with a quarter acre lawn. No amount of cheap condos is going to change that. This is the American Dream that almost everyone subscribes to.[/quote]
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