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Old Posted Mar 7, 2019, 7:16 PM
the urban politician the urban politician is offline
The City
 
Join Date: Jul 2004
Location: Chicago region
Posts: 21,329
Quote:
Originally Posted by digitallagasse View Post
It is distorted due to overly restrictive housing policy in both metros.
Government's fault

Quote:
How many projects can't happen because no more intensity is allowed in a neighborhood. How much cheaper could a project be if it be built as a right and and without so many excessive restrictions.
Once again, Government's fault

Quote:
The important that I mention is metro and not just city proper. You have to allow growth everywhere in the metro.
"You" meaning who? Me? Government? Why does Government "have" to "allow" growth everywhere? Growth will occur where there is demand if property owners are allowed to build freely. This isn't a game of Sim City.

Quote:
Hyper in demand neighborhoods will always be so. If surrounding neighborhoods are also allowed to grow more as well that serves as a release valve for adjacent neighborhoods.
Exactly. So if Manhattan is too expensive, you have Brooklyn, Queens, the Bronx, etc as "release valves". If certain neighborhoods in those boroughs are too expensive, then people live a few subway stops down, and so forth. That is the market--undistorted.
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