Re:Car-Free Streets Will Soon Be the Norm
by jjoonathan on Thursday December 12, 2019 @10:16AM
(#21772429)
Oh? Link me.
My guess: real estate costs go down short-term if you add a bunch of supply by getting rid of parking, and then they go right back up, plus some, once the market equilibrates.
Meanwhile, I'll continue to enjoy having 5x the space at half the cost as when I lived in the city, with 5 grocery stores 10 minutes away instead of 2 grocery stores 30 minutes away. Not to mention parks, trees, and nature trails for running.
Re:Car-Free Streets Will Soon Be the Norm
by ogre_codes on Thursday December 12, 2019 @02:17PM
(#21775237)
The problem you describe is a fabricated hypothetical which has never happened in the real world. It's proven false by every single bike/ pedestrian friendly city in the world.
Similarly, increasing range has had little to no positive effect on housing prices. Look at the insane real estate prices in the California Bay Area or LA which are both very car-first locations.
Probably one of the biggest reasons is real estate increases in the denser areas as parking infrastructure gets phased out. Parking is a massive waste of land.