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by fzeroracer
1109 days ago
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You're looking at a side effect, deeming it the problem and trying to solve that problem rather than solving the actual issue at hand. For example let's look at Japan. Japan does not have what you dubbed a densification and price growth spiral despite having cities far more dense than any city in the US. This should tell you that your initial problem is the wrong problem. The answer is that they develop high-speed transportation to and from dense cores in addition to smaller sparser towns. This means property value is far lower because distance doesn't matter and in fact housing value inverts where it purely depreciates. If we did what you propose, you would see what's happening to cities like Austin. Where offices are built in a purely sprawling fashion, highly dense traffic and shifting property value to areas along traffic corridors. |
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Nope. I'm looking at the root cause here.
> For example let's look at Japan. Japan does not have what you dubbed a densification and price growth spiral
Fucking what?!? Tokyo is the example of shitty densificaiton.
Young people in Japan are forced to live in tiny apartments where you can literally sit on a toilet while cooking food: https://www.nytimes.com/2022/10/03/business/tiny-apartments-...
All while at the same time having millions of beautiful empty houses readily available: https://www.nytimes.com/2023/04/17/realestate/japan-empty-ho...
And they managed to screw themselves up while having a _declining_ population.
> If we did what you propose, you would see what's happening to cities like Austin. Where offices are built in a purely sprawling fashion, highly dense traffic and shifting property value to areas along traffic corridors.
And this is great! Houston is giant, but it's extremely efficient because it doesn't have The Downtown where you _have_ to be. As a result, industry and offices tend to be interspersed with residential areas. So the average commute stays short.