dshoost88
Senior Member
- Joined
- Apr 14, 2008
- Messages
- 2,157
- Reaction score
- 2,495
This is why this person is a journalist. He writes about things he doesn't understand because if he knew how the urban economy works, then he would know that you can't plop down a Section 8 or middle class apartment skyscraper in the middle of downtown. He gets it right that the city should also go for middle income apartments, though, but again that is dictated by location, location, location.
1) Happy Birthday, KentXie!
2) The answer to creating more middle income apartments is an economic one: saturate the market with new housing supply to keep up with demand. How do you saturate the market? Policy makers need to make it less cumbersome to build here; heavily invest in infrastructure now that will yield benefits in the long-term rather than be a bandaid for the next few years; and streamline the large projects review process so it takes weeks... not years.