Reply to Soooo, how is high-density looking to everyone now?

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[quote=Anonymous][quote=Anonymous]Increasing density drives housing prices up, not down.

If you have a bunch of people living in a small area, then businesses will want to be there too because they want foot traffic. As bars and grocery stores and restaurants and boutiques move in, then more people want to live there too. So more condos and apartments are built. That brings even more bars and grocery stores and restaurants to the area, which makes even more people want to live there, and housing prices go to the moon.

This has happened over and over and over in neighborhoods across DC. Look at Navy Yard (before that 14th Street, and before that U Street, and before that...)

It's also why cities like NYC can be extremely dense yet extremely expensive.

This idea that density is going to drive down housing prices is just nonsense. 
[/quote]

The issue is not density, it's desirability.

Making cities more dense makes them more desirable to live in (because there's many more amenities that can be supported, thanks to economies of scale) and that drives up housing prices.

The least densely populated places in this country tend to be the cheapest. Why? Because no one wants to live in rural Nebraska.

The most densely populated places in this country tend to be the most expensive? Why? Because seemingly everyone wants to live in NYC or SF or DC.[/quote]

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