Why High Density Housing Doesn’t Work (But Could)
When Sacramento’s new General Plan proposed an increase of high-density housing in the county, many real estate brokers and developers howled in protest. Apartment and condominium construction is virtually impossible to finance now. Also, developers are reluctant to take on the NIMBY protests about such projects. On the other hand, infrastructure and transportation costs—both...
Read MoreWalkable Communities A Top Priority in Housing Boom
One of the major trends in the recent housing boom is that home buyers are now purchasing smaller, more urban homes to avoid long commutes, writes James R. Hagerty in a Wall Street Journal article. James Z. Pugash, chief executive officer of a company which finances housing developments, Hearthstone Inc., predicts that American cities will become European-like, with more midrise developments,...
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