Re:Mass Timber Is Great, but It Will Not Solve the Housing S...
by bombcar on Thursday March 14, 2024 @06:06PM
(#39709510)
But if you're densifying you're often knocking down those older homes. And so the only way to keep the older homes is to have newer homes being built somewhere - which fights against density.
Mostly irrelevant in an older city so long as there is a large number of older less-desirable houses in the market. And new houses become old houses in 2-3 decades.
Only the people that can afford a new home need to buy a new one.
Building prices do drag up prices, but I don't believe they set a floor unless most everything available is greenfield.