Reply to The government has always been here. So why was the 50s, 60s, 70s, 80, 90s COL here so affordable?

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Reply to "The government has always been here. So why was the 50s, 60s, 70s, 80, 90s COL here so affordable?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]One way to make housing more affordable is to increase density. Change zoning laws so that we have more condos/townhouses/duplexes, etc. instead of SFHs. Of course this means we will need to address infrastructure too (roads, schools, etc). If I was a savvy real estate entrepreneur, I would look into buying SFH property and replace it with multi-family units. (vs. the mcmansions that developers are building instead). It might be easier in neighborhoods that don't have an active NIMBY mentality. [/quote]

100% this. It's such a shame that zoning restrictions mean that all the teardown activity in close-in suburbs goes into building huge houses instead of 2-unit or 4-unit dwellings.  This would be such an easy way to increase density and help solve the affordability problem.[/quote]

A number of recent academic studies have questioned whether this is actually true. They both found that upzoning does more to increase the amount of luxury residences than anything else.

https://www.citylab.com/equity/2019/05/housing-supply-home-prices-economic-inequality-cities/588997/

https://www.citylab.com/life/2019/01/zoning-reform-house-costs-urban-development-gentrification/581677/[/quote]

PP. I think you're right. Perhaps we could encourage our local governments to do more to promote middle-income housing options? It's so lopsided right now. Close-in housing options are very high end and programs for very low end but nothing in between. [/quote]

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