> Removing density restrictions helps by making redevelopment financially advantageous for individuals
The big problem with changes like this (which I support, btw) is that the changes get immediately reflected in land prices, which means that you basically can only put the maximum number of units on the land, which tends to increase prices.
If you build enough, this doesn't happen but I don't think any western urban area is anywhere close to that point.
The big problem with changes like this (which I support, btw) is that the changes get immediately reflected in land prices, which means that you basically can only put the maximum number of units on the land, which tends to increase prices.
If you build enough, this doesn't happen but I don't think any western urban area is anywhere close to that point.