Well, somehow housing in NYC is up 3% this year. I’m the biggest urbanist shill you’ll meet and even I don’t live there, cus it’s too damn expensive. We build only suburbs, only suburbs are affordable, and that’s where people live. Shocking.

I would love to see an experiment where we make a 1200 sq-ft apartment in a dense, walkable neighborhood, the same price as a 3000 sq-ft McMansion outside Dallas, by actually building the former. I predict… unexpected migration, but who knows. That’s a hard experiment to run.