Tuesday, February 17, 2015
Yes, We Can Afford to Plan for Smarter Growth and Better Housing
Indeed, several articles have recently argued against smart growth planning on the grounds that it is the cause of our current housing affordability problems. The underlying assumption is that smart growth -- by preventing development on some land through greenbelts or urban growth boundaries -- places artificial limits on land supply and therefore contributes to an increase in the cost of housing. This argument does not take into consideration the full range of factors that are responsible for the current escalation in the price of housing.
Posted by Admin