Re:U.S. Housing Market Is Nearly 4M Homes Short of Buyer Demand
by oftenwrong on Friday April 16, 2021 @04:36PM
(#26838799)
Why build a new city when you can build a new neighbourhood in an existing city? Building a new city is risky. Building a neighbourhood allows you to piggyback on the success of the host city. People already want to live there. Employers already want to open up shop there. If you have a billion dollars, use some of it to grease whatever wheels necessary to skirt the zoning ordinances.
[ Parent
| on HN ]
Re:U.S. Housing Market Is Nearly 4M Homes Short of Buyer Demand
by zeckalpha on Friday April 16, 2021 @05:24PM
(#26839239)
Where can you find greenfield or brownfield land to build a new neighborhood? My county is already converting the last two large parcels into residential.
Re:U.S. Housing Market Is Nearly 4M Homes Short of Buyer Demand
by oftenwrong on Saturday April 17, 2021 @08:01AM
(#26843616)
You don't need undeveloped land. You could increase density on land that is already developed. In the US, even urban areas have a lot of spots where land is used inefficiently: surface parking lots, wide streets, large setbacks, single-family detached homes. Consider that residential streets in American cities may be 25m wide, whereas a residential street in a traditional city is more like 3m wide.
Re:U.S. Housing Market Is Nearly 4M Homes Short of Buyer Demand
by maxerickson on Friday April 16, 2021 @06:01PM
(#26839529)
Detroit. Which is only a half joking answer.
In other places there are probably a lot of things that could be done at the planning level to make densification more likely. That's not the same as a cohesive project, but it might have a similar effect.