Quote:
Originally Posted by lio45
Okay, but in a free market situation, those SFHs will be far away, connected to urban areas by long drives on expensive new toll roads, and will cost a lot, if the people who'll be buying them have to pay the fair cost of their services; they won't be as cheap as you think.
|
yes, and people will make economic decisions on whether the commute is worth the house.
The US model on this front shows that many people are willing to make the commute. Many aren't though, and would continue to buy condos.
The only way out of this hole is to deregulate the market and let developers respond to demand from buyers. Much of that demand would stay in apartments - much would shift to houses. Deregulate, de-tax, and let the industry to it work to deliver housing. And build the damn infrastructure to support it. Build the GO lines, subway stations, and new highways needed.
Threaded Mode