If you believe that no town homes should be built in the U.S. than you might not qualify as NIMBY.
But if you believe that town homes shouldn't be built next to you that's the definition of NIMBY. Of course every instance has a long list of reasons why next to them is especially bad, character of the neighborhood, parking issues, infrastructure, etc....
But the end result of everyone fighting increased density in their neighborhood is we have a less density (bad for environment) and more expensive housing.
That means more jobs open up and makes the place more lively. More desireable.
That means the house property value will go up.
They are thinking "will this make the property value go down in the next 5 years"? vs "will this make the property value skyrocket in the next 10 years".
We are catering to short-term gains at the expense of long-term.
Bay Area has plenty of this type. Many of them already have had property value skyrocket (50K -> 2M is not uncommon), so they can just have both (high property values, and preserve their neighborhood exactly as they want it).
I think they should be forced to choose one or the other. Keep their SFH and say no to FANG, or accept townhomes and condos to balance out the new jobs.
I think commercial property just doesn't burden the city. A Google office has private security, a fire suppression system, and doesn't house kids who need to attend the school district.
People essentially want to be surrounded by people of almost exactly their economic class to somewhat richer. To rich and stores they can’t afford to stay ie gentrification, to poor and you have to move ie white flight.
As to driving prices down, some houses in good condition are selling for ~25-50k which would be worth more basically anywhere else in the US.
The transition within a city is rarely about some specific employer shutting down. The more general case is homes age and different areas become attractive over time. You can find areas where nearly identical homes where build across a wide area, yet one community falls into disrepair while another becomes desirable simply based on school zoning.
A house that a doctor and a lawyer are competing to buy is going to be go for more than the one an auto mechanic and a fireman are competing for.
Every real estate website has school ratings for each house listing because it is such a sought after amenity.
But, in existing zones? Maybe not - you'd have to convince people to change residential to commercial/retail. And changes to parking minimums, which always seem to screw up projects (they almost always require more parking than a "free market" would dictate).
I lived in an area that, for years, refused to let an old railroad track be converted into a trail because it would connect a working class area of the town to an upper middle class area via a miles-long footpath.
Stop trying to tell people what they ought to want. Not everyone agrees.
But it feels like (in SF at least) we have people with conflicting goals: they want to live in a city, but they want their experience to be similar to suburbia.
I want to live in a city and for it to actually feel like an urban environment! I want to walk everywhere for my day-to-day needs, and take transit for everything else. I want to sell my car and rent one only for the times I want to leave the city. But we're in this weird middle state where that often doesn't work. My guess is that the only place in the US where it really does work is NYC, and then maybe even only really in Manhattan.
It's probably the case that it's the only place in the country where it's considered perfectly normal as an adult not to own a car even if you have plenty of money.
There are--especially given Zipcar/Uber/etc.--other cities where people can get buy without owning a car, especially if it's a young post-college lifestyle. But it probably requires organizing your life around not owning a car to a certain degree.
I have been told that central Washington D.C. and Chicago are also very transit and pedestrian friendly. It is not a requirement to own a car in those places.
Many jobs are in the suburban areas near metros rather than in metros themselves. SV is somewhat unusual in that a large swath of suburban area is as expensive or more expensive than in the city itself. This isn't the case with a lot of cities.
People tend to work away from where they live (at least for high paying jobs) and prefer having ample space at home therefore I don't think higher density would increase property value as you stated.
Once you get into the $500-$1MM range density falls again, as these are the McMansions in suburbia. Density keeps dropping as price goes down until you get into the slums territory, which are basically the pockets of urban blight that haven't been redeveloped yet.
Not even. Near here, there was a proposal from the city to increase middle-density housing.
They hired economic forecasters. Their projection, that property values would "decrease" from 13% YOY increases (we are in one of the highest increasing cities in the country) to 9% YOY.
In other words, you'd still see your home value _increasing_ 53% in five years (versus 84%), not decreasing...
... and people still acted like the city wanted to shoot their first-born in the streets.
The major factor driving housing inflation is restricted supply, which is relative to demand. Demand is created primarily by jobs. The difference between jobs and employed residents (with overhead for non-working family members etc) drives the imbalance. If demand was being met, prices would plummet.
This factor is orthogonal to overall density. The Bay Area is expensive because there is not enough housing for the jobs. If San Jose became as dense as SF, it would not help anything, unless that growth was focused primarily on housing. But San Jose already supplies net housing and SF supplies net jobs. These are not small imbalances either; they are both 6 figures in 2008 ACS commute data. (Unfortunately that dataset seems to be compiled very infrequently, but I doubt things have changed much other than density increasing.)
Portland, Ore. is facing a huge housing crisis because single-home zoning prevented increasing density. Without the ability to create more housing on existing land, there is a shortage. It's that simple. They recently passed a law allowing more dense developments, and that will create more supply. There are currently 10 apartment projects in flight in the city, so there is no cabal conspiring to not build housing as you suggested.
Unfortunately, current homeowners love the shortage because it is increasing the value of their homes in ways we haven't seen since ... ever. Which is incredibly short-sighted because the economy will stall without housing, which will crater the boom. Moreso because if they sell, where are they going to move in the same town? They would need to sell and leave town to someplace cheaper. It is amazing to me how many people don't think one more step ahead.
I routinely take 3-mile walks through my neighborhood in NE Los Angeles. There are at least two homes on each block that are unoccupied. The nearby stack and pack developments don’t offset the inventory sitting idle.
I'm saying by taking inventory off the market by buying houses and leaving them vacant, investors are contributing to the housing shortage. I'm pretty sure collectively controlling a small percentage of the market, investors can cause an increase in the cost of housing, per the law of supply and demand.
Vacant homes from "investors" are almost certainly older residents that have moved, or passed away and left it to kids that haven't figured out what to do, or just owners in the area that have locked in low property taxes and don't want to bother with the hassle of renters.
These are precisely the small-time landholders that benefit the most from stopping apartments from being built, because the source of their investment games is entirely from scarcity.
And the cure is precisely to take away their ability to limit housing by building what you call "stack and pack."
Here's the behavior of PE firms when it comes to renting houses, they rent them out and charge for everything:
https://www.nytimes.com/2020/03/04/magazine/wall-street-land...
As for the vacancy rates, how do you know the homes are vacant, and what is the proper vacancy rate? These can be looked up in from Census ACS estimates, though I hear that the Post Office sometimes has better data.
I would say that a healthy vacancy rate is at least 7%, possibly higher.
If anything, Vancouver is solid evidence that vacant homes are not the problem, despite so many current homeowners being desperate to use them as an excuse not to build more homes. In Vancouver, the tax provides a small income stream, but has changed nothing at all structurally. And that's in combination with the foreign purchaser tax.
The one solution is to start building what people want, what you derisively call "stack and pack", in sufficient numbers over a long enough period of time to satisfy everyone's desire for housing.
We are not off the mark by 10% in the amount of homes needed in LA or the Bay Area, we are 30%-50% off or more. We have been under building for decades now.
[1] https://www.oregonmetro.gov/sites/default/files/2020/02/24/U... Anything outside the yellow line can't be developed without a massive legal fight.
Do you have evidence of this? I would think increasing the supply of housing would have a downward effect on all housing. Sure, if you're really set on a SFH and there are fewer of them, you'll have to compete. But I think people who want a SFH want a SFH _neighborhood_, and there's an unanswered question to what extent different types of housing can substitute for one another.
The value of _land_ may increase with zoning because development rights are still in limited supply, and the profit opportunity for a developer has gone up. But I don't see many SFH owners clamoring to let their neighbors on both sides be replaced with 5-over-1.
In addition, many suburban areas are not exclusively single-family houses; they already contain a mixture of apartment buildings and commercial areas, so I dispute your point that single family home buyers insist on exclusively single-family neighborhoods. In most suburban areas I've seen, the apartment buildings tend to cluster together, often near a commercial area, so if you're deep in a sea of houses it's unlikely that your next door neighbor will sell to a developer. People may not be excited if their next door neighbor sells to a developer who plans to build an apartment complex, but that doesn't change the value of their lot, which has increased because the developer is willing to pay more for it if they can build bigger buildings on it.
I was talking about a market with no rules restricting what can be built, and in such a market the neighbor has no say, so their personal opinion is irrelevant. The guy I was arguing with wanted restrictions on housing types he liked to be repealed, but wanted restrictions on housing types he didn't like to be enacted, and I was trying to point out that hypocrisy. Building houses versus apartments is a balancing act governed by demand, but market distortions like banning one type of housing or another can cause an undersupply of certain types of housing, which leads to an increase in prices for the type of housing that is undersupplied and for the substitute it's would-be buyers end up using.
[1] https://news.gallup.com/poll/245249/americans-big-idea-livin...
If you believe that SFH buyers do not insist on SFH neighborhoods (whole cities are not neighborhoods), and should welcome denser zoning because it makes their lot more attractive for redevelopment, go circulate a petition for this among SFH owners and see how far it gets.
To your other point about insisting on SFH-only neighborhoods, in large parts of the country, there are apartment buildings and large commercial areas spread between and in single family neighborhoods, and that hasn't stopped people from buying houses there. I wasn't arguing that they all should support higher density zoning, just that it is in their financial best interest to do so. Another major problem is that because the Bay Area has refused to build anything for decades, it has decades of unmet (or to use urbanist language "induced") demand for houses, apartments, roads, transit, etc. that has to be met before prices and congestion will start to go down. To maximize housing affordability you need a mix of sprawl and density with appropriate infrastructure for the type housing built, and if you only do one type of growth you will have many people who are unhappy, which is why in another comment in this thread I accused the YIMBY urbanist of being the same as a NIMBY SFH owner, just with a different preferred housing type. The Gallup survey I linked earlier shows that there are more people currently living in cities (presumably in apartments) who wish to live in suburbs or rural areas (presumably in houses) than the reverse, so there is an unmet demand for "sprawl" and options like remote work.
My major point if a SFH owner in SF was purely motivated by money, they would welcome development on their land and wish to limit it on others'. Many of them aren't though, and they aren't lying or using euphemisms when they say they want the character of their neighborhood preserved. I hear tons of arguments that they are opposing multi-family housing because it would lower their property values, and that just doesn't make sense. A San Francisco with an apartment built for everyone there who wants one and no other changes would most likely still have million dollar houses, though the rent of the apartments would be less.
> people like you
I think you may have been triggered by poor reading comprehension and gone off in a fit of ignorant rage and assumed I thought sprawl was a good thing.
How are you any different that the someone who doesn't want an apartment building built because it would change the character of the neighborhood? Both of you support policies that increase the cost of housing in the hopes that everyone will live the lifestyle that each of you prefer. You prefer multi-family housing and want people to live in it, and support policies that make it expensive to live in single-family housing. The hypothetical NIMBY (who is, as mentioned previously, not someone who is purely interested in maximizing their house's value) prefers to live in single family homes and wants it to be expensive to live in multi-family housing. I'm sure you'll reply with some handwavy thing about sustainability and externalities, but the NIMBY can similarly bring up crime, noise, congestion, and other issues with dense living. There is no difference other than which housing type the two groups prefer.
I would be less hostile if urbanists like yourself would just admit that they want to force everyone to live their prefered lifestyle instead of hiding behind bogus economical and questionable environmental arguments. If you truly just wanted the option to rent apartments then there would be no need for policies like urban growth boundaries. Removing both the zoning rules and the boundaries would allow for housing that people want to be developed, but what would you do if your neighbors make the "wrong" choice?
You've been nothing but hostile in this discussion (and apparently from your history, many others). Also you literally edited a comment to deny a claim you made. Just stop.
Apartments create greater affordability, they allow for designing cities with lower carbon impact than single-unit homes, they allow better community, more connections, cradle-to-grave living, they allow people to survive without having to get in a car to do any task during the day. They are fantastic. I would live in a "stack and pack" home in an instant if they were allowed in my community.
I also see a lot better community with less people, and I'm sure there are many reasons for that.
Which isn't to say anybody should be forced into a multi-unit building and mixed-use neighborhoods. But as you point out, prices for these types of settings are often higher than detached homes, indicating that they are under supplied and more people want them then are currently allowed to live in them.
I guess I’m just saying there should be cheap smaller houses and condos in cities too, not just rental places.
(One of my more heretical opinions is that homes and land shouldn't be considered investments, and should perhaps not be a method of wealth building, as it turns every person into an investor whether they want to be or not. Which fuels regular people to take control of the local political processes that block new homes with talk of "luxury condos" and "stack and pack." If we are going to do something like this I'd favor a sovereign wealth REIT that redistributes the wealth more evenly and removed the financial incentive to be anti-competitive in land use decisions. That, or tax away all profits from speculation on land gains.)
I've never heard of investors lobbying against social housing (in the UK at least).
Forcing investors and developers to provide "affordable housing" arguably makes the problem worse. I.e. it makes it harder to make a profit and therefore disincentivises building new homes.
Investment properties don't always turn into occupied rentals; sometimes they turn into vacation/secondary homes, airbnbs, &ct. They can also end up vacant if the dwelling is being used purely as an investment vehicle or if the landlord is uninterested in lowering rent in response to market forces, although it's hard (for me, a lay person who doesn't want to spend more than a couple minutes googling) to know if those are significant quantities of homes or just a rounding error.
>I've never heard of investors lobbying against social housing (in the UK at least).
I don't know how UK politics works, but in the US, large investment banks and lobbying groups pour huge amounts of money into our political system, and individual investors also happen to be voters. For example, the last CA ballot measure which would've improved housing justice somewhat (2020's prop 21) saw heavily-financed opposition from landlord associations.
>Forcing investors and developers to provide "affordable housing" arguably makes the problem worse. I.e. it makes it harder to make a profit and therefore disincentivises building new homes.
I don't really have opinions about whether you should force developers to provide affordable housing in new developments, since I think trying to wield market forces to fix social problems has a poor track record in general. If you (well, the government, civil society, whatever) want to incentivize building new affordable homes, you should just build them yourself.
Commercial is critical for '15 minute neighborhoods': https://www.strongtowns.org/journal/2019/9/6/7-rules-for-cre... - but without the density to support local commerce, it's tough to justify it.
But I don't think 15 minute neighborhoods are likely what your angry neighbors had in mind, so most likely just NIMBYism.
There are about 1000 housing units being built, and there has been zero commercial development. It's great that they are building dwelling units here all around transit, but the only businesses that already exist are industrial, a gas station, and a dollar store. Commercial land owners have been refusing to sell to developers as they watch their land value increase. It's a real shame, but it does seem better than what existed before and the area certainly has potential.
The specifics will vary in every case, but in every case it will be some argument on why THIS is not the right place to build more housing. For every possible value of this. Areas that don't have extremely local control over zoning do a better job of combatting this.
But one of the main contributors to housing shortages is that areas have been overly permissive with commercial zoning (since they don’t have residents, city expenditure is low) which causes imbalances in the amount of jobs:people in an area. That in turn not only increases prices but increases traffic as some portion of people must be commuting from afar to fill those jobs.
A major irony is that California is approaching this all wrong. The "let Scott Wiener build whatever he wants" laws are in some cases being used to make the problem worse. See: Vallco Mall redevelopment plan, more jobs than housing.
Just how "massive" can that house be with a garden (say, 35sqm) and a garage (36sqm)? You can probably build a fine house in the remaining 330sqm, no doubt, but I'd hardly call it "massive". Maybe "generous".
OTOH, it might be a point-of-view problem: I'm in South Africa, with a 700sqm building on a 2000sqm plot, in a nice area near the train/bus stop, near all amenities.
From that point of view, 400sqm sounds positively like a mansion to me. Sure, would love that much space, but I have no idea if houses this large even exist anywhere nearby to buy, I've certainly haven't seen any.
Or are you implying you need a 500sqm house to raise two kids?
I don't think it's useful to try to determine if some loaded, politicized, pejorative term applies by definition.
Many Bay Area (I only know this market)counties will happily acccept the fee (upwards of $1000), and 99.99% of the time the Variance is not granted. I truly believe counties count on the fees for revenue.
I 've noticed a slight lightening up though.
Gavin Newsome made it much easier to build certain structures. He made in-law units (ADU) easier to build.
What happened is wealthy people took advantage of the laws, and added extra feet to their already huge house. These ADU will not be rented out to low income, or even strangers. The wealthy found a loophole, and used it to remodel their homes. Oh yea, their is still a lot of kissing town officials ass in order to build anything.
Neusome also mandated new apartments, and reasonably hosing, to be built. It is a great move. He slashed a lot of red tape. It's still a pain though. You will have town officials arguing over siding, window placement, gardens, exactly whom will be living in the ADU.
NIMBY's are alive and well in my county. Just about everytime we want to build a homeless shelter; homeowners scream, and officials listen. (Towns are panicking now over homeless. The homeless camps are getting bigger, and Thurston Howell III does not like looking at them. The Supreme court gave the homeless some rights though. Cops can't just harass them to move quite as easily as they did in the past.)
I have watched towns/counties harass homeowners who want to build since the 80's. (I was going to buy a cabin, and I knew the foundation would need to be replaced. Half the cabin was sitting on a redwood stump. I just wanted to put a foundation in, and it wasen't possible due to zoning.)
I don't like our building system. They make the process rediculiously expensive, and complicated (remember you, tge architect, the contractor, will be going to many meetings with town offivials begging to remodel, or build. They love saying no.
It's become a disensentive for middle class homeowners to remodel.
I currently have one fear over new residential building. It's water in the Bay Area. This drought does not feel temporary.
I woukd like to see apartment complexes build adjacent to 101, but the water shortage needs to be addressed.
At this point, I only trust care about very low income, and the homeless. I have never seen so many people without a roof over their heads.
If a protected classification like gentrification or environmental impact can be found, then it isn't NIMBY anymore.
Say for example, if the town homes projected to be priced higher than the neighborhood, there is a gentrification angle. Density often requires some environmental impact review. For example, a change in development density might have significant water runoff impacts that require a retention area large enough to make the development economically unviable.
I think finding a potential habitat for an endangered species is the strongest reclassification from NIMBY because it doesn't require any change to existing structures, mostly freezes things in place and has regulation from redundant inscrutable jurisdictions and the support of outside organizations that are generally successful and seeking new cases to work on.
Why? That's kind of an important point.
For example, unless this is NYC or similar, 49 townhomes is going to need a minimum of at least 110 parking spots (just to hold the occupants alone, assuming no one ever has guests ever). A realistic parking minimum should be 2.5 spots per townhouse.
A lot of builders outsource their pollution to the local neighborhood, especially on infrastructure (parking, water, sewer, electrical, natgas, etc). It's a common reason to opposed development, and it's a good one.
It's usually done to save cash, and it saves literally just pennies. (Parking on these projects, for example, is always less than 6% of the total cost. Cuts to sewer and electrical are less than 12% of total cost). Builders do it anyway, builders will generally build the literally shittiest thing code lets them get away with -- they'd build buildings that fall apart in the slightest breeze, if it were legal to do so.
This is why zoning rules, building codes, and the large piles of regulations are so important.
> The project would have been the most dense townhome development in 4 counties.
Ok, that means it would likely carry the highest prices per square foot in 4 counties, which means it would immediately make that neighborhood the most expensive neighborhood in 4 counties. Could that be a reason it was opposed? Density isn't free, it's a form of financial pollution that the other residents will mostly have carry the burden of. Not everywhere is California, not everywhere gets free unlimited property tax lock-ins. If you built a luxury townhouse next to a generic house, their taxes will spike 200%+ to cover your luxury development, and all nearby rents would spike in a similar way against nearby renters.
I get that California and San Francisco specifically is it's own unique terrible experience. But here in the Midwest, generally speaking, locals are pretty reasonable. You can get away with building almost anything you want, so long as you don't screw over the locals. (And I mean that quite literally, we have almost 100 new developments here in our small city, including the worlds gaudiest ugliest castle monstrosity -- zoning never stops builders ever, you can build anything you want anywhere you want, as long as you don't hurt too many people)
What is actually happening in most cases, is that some sort of builder wants to screw over all residents, residents rightly complain, and then those residents get labeled "NIMBY". The only time a project gets cancelled is when it makes residents bleed so much, they push back hard. And even then, local residents only win that fight about ~40% of the time.
Anyone who is already a home owner will find that increasing supply of homes a necessary function of the society decreases the value of the asset in which they have parked most of their wealth. Even when it increases the value you can't get them on board. Look at your own logic.
> my taxes will spike 200%+ to cover your luxury development
You aren't covering the cost of their development they are actually increasing the value of your property. For your taxes to spike 200% they would literally have to triple the value of your property. It's like they are throwing hundreds of thousands of dollars in bags full of hundred dollar bills over your fence and you are complaining about income tax.
Presumably if someone did something like build a crack house and halved the value of your property you wouldn't thank them for halving your tax bill!
Basically for any given project locals have interests that are almost always out of alignment with the rest of society. The some people in aggregate elect your state wide officials but at least those folks are apt to think and plan based on a broader perspective than the locals whose attitude is universally "I've got mine"
This is both the worst timeline and the worst most selfish nation.
They aren't throwing dollars over the fence, they're throwing debt over the fence.
Sure, my property is on-paper worth more. If I cash that out, I just have to spend it all (every other house got more expensive by an equal amount, and I have to live somewhere). And the new person who buys it now has to cover all that extra debt directly in their mortgage, they get soaked too!
Property values are not real wealth, it's not real money. It's fake. Coastal folks can treat it like it's real, because they can play markets against each other, they can depend on moving to some "low COL" area as their cash-out-to-real-money exit strategy. Those of us in low COL already (or who can't play markets, because they have to stay here for family/work reasons) don't have similar luck, the chain ends here, there's nowhere left to go.
> Presumably if someone did something like build a crack house and halved the value of your property you wouldn't thank them for halving your tax bill!
I would thank them, actually. Property should depreciate. It's the only way housing will ever get affordable for real humans again. I don't expect to get every dollar I paid for a house, back again. No one should.
> locals have interests that are almost always out of alignment with the rest of society.
Locals are the "rest of society". Locals don't all own property, half of our locals rent. Locals who own, still often have kids who need to buy houses, and they want them to be able to afford to live near them. The selfish behaviour seems to be coming entirely from developers or 'urbanists' who think if they just keep ignoring the ramifications of their actions, they can strongarm society into accepting forever-increasing housing costs. Why you paint "Locals" with that brush, when Locals carry every penny of those increased costs, I have no idea.
When you reduced the projected change in price to a more reasonable increase like 10% your argument about not being able to move to a lower col area becomes true because everything has gone up equally but it is hard to argue that the increase has greatly burdened your life to the point that people ought not be allowed to build on property they own.
For example locally if assessed value went from 200k to 220k my taxes would increase 16 per month. 400-450k would net me a cool $41 per month.
Looking at actually realistic figures makes it much harder to justify constraining housing supply which negatively effects all of society in order to optimize your tax bill.
It's not, at least in the us. In the past nine years, my house went from a real-world value of ~$90k (2012), to now being worth ~$240k (2021), despite wages being mostly flat. This is not uncommon, most homes in this or any nearby city have posted somewhat similar gains (plus or minus 10%). This property specifically, recorded it's highest jump ($40k over a single year) in the year after they built luxury apartments in the lot directly behind it.
And that's not a NYC / SF / Chicago / Seattle / Austin type hip place. It's just generic small-city Midwest nowheresville. A place with no restrictions on housing construction whatsoever, and has entire neighborhoods of new development in the past decade to prove it.
> If your 200k house for example went up to 600k you could in fact sell it and have a money fight with hundreds of thousands of dollars of real profit in your new living room
You are not getting it. No, I literally can not do that. If my house went from 200k to 600k, then every other house has also gone up a similar amount. If I sell my house to cash out, my family is homeless, I don't have a "new living room". And if I want a "new living room" to live in, I have to give every single dollar of that 600k back, for some new property at similar high prices. It's not real money, it's debt that I happen to be holding in my hands in paper form, and the future occupant of my house is now on the hook for.
Californians simply can not seem to wrap their head around this. They just assume the money is real, because "move to the south or the midwest" is always an option for them, so they can cash out and keep a bunch of it. Some of us already live in these places, and don't have a magic "high quality housing at cheaper-than-my-home-market rate" place to escape to.
> justify constraining housing supply
Literally no one is arguing to constrain housing supply. Blocking a shitty luxury development never constrains housing, it frees it to be used for real housing.
Fighting against Poisoned Milk sales is not "justifying constraining milk supplies". Fighting against cost-raising developments for private equity firms is not in any way "justifying less housing". You can want more housing and not want everyone's rent to spike, these are not in conflict in any way.
Whatever you discovered assigning all growth in your property value to that singular event is clearly erronious. As you mentioned all houses in urban areas have gone up substantially. If we assign 10% of that effect to adjacent luxury development we would conclude they had added 15k to your property value. Of course tax calculations vary by state but lets go with WA for a for instance.
It costs you about $12 a month if you save monthly towards your annual property tax. If we assign 20% to the presence of the luxury development which is almost certainly too much it cost you closer to $25 a month.
The truth is certainly underwhelming.
Yeah, it's absolutely disgusting.
I don’t know, having $100k+ more in equity than a couple years ago it acts like having an asset with real monetary value when I go to a bank looking for credit, having a big effect on both the amount of funds I have access to and the terms on which I can get them.
It’s not liquid like cash, so there is more work to take advantage of it, but its definitely real.
Surely you realize that's not how it works. If the appraisal value goes up, the only receiving any money is the government from their increased tax collection. The owner didn't receive a penny.
Artificially constraining expensive housing isn't a good thing. If the demand is there in the first place, doing so just means that the people who are interested will insteaad buy or rent existing homes that could have otherwise gone to lower-wealth families.
Again, this isn't California. This is the Midwest. We have gentrification problems even in cities that are still losing population. And we've never constrained housing, for our cities that are slowly growing, many have built more new units than residents for years now. Most cities have no meaningful housing shortage here, but every city currently has a housing market manipulation problem.
> If the demand is there in the first place, doing so just means that the people who are interested will insteaad buy or rent existing homes that could have otherwise gone to lower-wealth families.
Or you could just reduce demand. Perhaps Pension Funds shouldn't be allowed to buy housing at all. Make them invest in something that doesn't hurt citizens. That would reduce prices instantly, without requiring the construction of fake-unusable for-equity-firms-to-hold-only housing.
In what world does it make sense for real humans to have to compete with private equity firms or pension funds for housing? Real humans are constrained by their incomes (incomes that famously haven't grown in decades), everything else is not.
A realistic approach in the face of coming climate doom would be max 0.5, for the people that really need cars as primary transport due to disability etc.
Great, you manage to artificially limit parking. So the new housing development moves another 10 miles outside of town, to get away from your artificial limit, and now their mowing down a cornfield out there instead for their build, so they can get the parking residents actually need.
If cities want to be a solution to climate change, they have to let people actually live in them. That means, they have to care about the price points of developments (they can't just keep deflecting and saying "luxury housing lowers prices in 50+ years when it trickles down") and they have to care about supporting residents actual transportation needs. (they can't just hide behind "everyone will bike or whatever").
Everytime they deflect on either of those, another farm or forest gets razed instead.
Los Angeles is suffering from this. Towers and towers of expensive apartments left empty at 4000+/mo meanwhile the homeless population grows and the population on the border of homelessness grows.
Traffic increases as people move out of the city center and need to commute in and then those people are taxed through congestion charges or tolls and provided with no, or tremendously expensive, parking.
The whole effort seems to conspire against exactly what made the city a city. Dense, mixed zoned, mixed class living
They never do though. It’s always the poor neighborhoods close in that subsidize the rich people in the suburbs.
Digging a trench for that new pipe out in boonies over a dirt field can be done in an afternoon by one guy with a backhoe. Putting in the same length of pipe underground in Manhattan will probably take a decade and astronomical amount of money.
There is no additional infrastructure cost placed on cities. You are just plain wrong.
Many places are switching to parking maximums instead of minimums.
5 Acres is 2 Hectares, so that's about 25 houses per hectare. Typical new housing estates in the UK is about 25 hours per hectare, with minimum of 3 parking spaces (including a garage if given) for a 4 bed, and 2 for a 3 bed.
Even that number of spaces is too low - especially when one is a garage (which nobody uses to park their car)
If you require large amounts of parking everywhere and commensurately large roads, everything ends up so spread out that car based transportation seems like a necessity. It’s a self perpetuating cycle. If you don’t require so much land to be dedicated to cars you can build things denser and lower or even remove the need for personal cars.
I think one car per household is fine for townhomes assuming most are 2-3 bedrooms. A lot of families only need one car.
Although I will say, living in a neighborhood with very little parking, I am sure people who insist on owning a car anyway will think it’s a disaster too. But I love it because everything is close by and I can get around through a variety of non-car methods. But to get to that point takes time.
Any part of the US where a street of townhomes would be more dense than the existing status quo is not one of these areas.
It’s not that uncommon in the US, especially in poorer areas
That's in very dense urban cities. Given the numbers in question (low density 10 houses/acre) that's not going to be the case.
Sure, if they live near public transportation. I would vote down a dense housing development of it didn't have access to public transportation
Some people may only need limited parking. Some people may not need any parking. Maybe they're making a mistake and will regret it. Maybe not. Maybe nobody wants that, in which case the developer will pay the cost. Who cares! This is how freedom works. Can we please just stop ramming regulations down people's throats. "Well, no trust me. I'm from the zoning board and I know you're really gonna need two parking spots."
Imagine if we had a clothing board, and anytime a company came out with a new apparel style they had to get approval. "I just don't think anybody wants shorts that far above the knee. Permission denied". Just let the market decide, for God's sakes.
I am not saying we should stop doing everything that has externalities -- clearly we can't do that. It's just important to know that these transactions are not "between consenting adults" that dont affect others. Just because an owner of some land, some developers, and some perspective tenants agree on something doesn't mean it wont negatively affect a bunch of other people. And ignoring a bunch of other people entirely is not the correct choice.
Oh and stop low density housing like this being built in cities.
https://www.planetizen.com/features/113459-perils-central-pl...
Certainly in the UK it's common for people to expect to own an extra 50 square foot of land for a car or two, usually abandoned to block the pavement. This impacts everyone, especially those of us who don't drive.
The fact is that we're in a housing affordability crisis. We need builders to build "cheapest thing they can" right now because housing is insanely expensive in most urban areas. Parking minimums make housing more expensive, and the fact that people are buying these homes is saying something important: housing is more important than parking.
Yes parking is nice, and there are costs associated with not having a dedicated parking space for each person. But those costs pale in comparison to the costs we pay for having a severe housing shortage. The economic costs, the costs paid in rents, the costs paid in health.
There isn't a world where you can have it all. But its clear that we need more housing, not more parking, and there is an unavoidable trade-off between the two.
Go for 35 per acre sure, you don't need 70 parking spaces then, because (assuming it isn't literally 35 units in the middle of suburbia) you get commercial and transit (people still got to get to work - maybe in WFH stays around that will change)
is it 1 car garage or literally, a garage with no driveway? if a link to a specific example was mentioned above in this thread i missed it
If you put a building with insufficient parking near there, users of that building are likely to park on the nearby streets and that reduces the utility of the street parking for the existing residents; either they may no longer be able to find parking readily, or they need to manage permits, etc.
It's different if you build in an area that already has tightly restricted parking. If you move into a downtown LA building without enough parking for your vehicles, you're not going to be able to find a free spot nearby and you won't reduce the utility of your neighbors.
This is certainly not my experience, unless you are counting on street parking and even then, that's a stretch
I'm only thinking of new developments
Given that almost always one of those is a garage which almost never has a car, reality is tons of on street parking (or rather on pavement parking)
Limited parking does incentivize non-car-oriented lifestyle. Im all for it.
No it doesn't, it incentivizes parking arguments and a tragedy of the commons, and creates people who will vote for policies that will convert public land into parking spaces.
I would prefer to reduce on street parking, and increase on street cycle lanes. It sounds like you would too.
By only providing 1 parking space per dwelling you end up with an increased demand for on street parking.
At this point it seems obvious to me that having windows open, everyone wearing masks, and everyone shutting up, is sufficient to make public transit safe. Because if it wasn’t Tokyo would be in a _much_ worse situation. I fully admit I don’t have rigorous data to back this up, but I kind of can’t see how it could be otherwise.
Singapore has high barriers to car ownership and has one of the lowest.
https://www.smartcitiesdive.com/ex/sustainablecitiescollecti...
We recently dealt with an out of state builder pushing to have a property that was zoned Neighborhood Commercial to be rezoned to something more flexible so that he could build 49 town homes with 49 parking spots on 5 acres of land.
Everybody opposed the rezoning and fought to defeat it. The project would have been the most dense townhome development in 4 counties.
There is uniform agreement that people want commercial projects built there as zoned, but I wonder if the opposition would be classified as NIMBY?