Quote:
Originally Posted by Bdawe
If you go over land value maps, you'll notice that residential arterials are notably less valuable than commercial arterials, and that residential arterial land is much less valuable than land off the arterial, while commercial is much more. Zoning allowing up to mixed use with apartments would allow for a use which *benefits* from an arterial location, rather than being degraded by it, and still allow more housing.
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I'm not sure what this means. Nobody wants to live on a busy street?
I certainly wouldn't want to live on 1st Ave or 12th Ave in Vancouver, but I didn't think the houses and land on those streets was worth less.