Submitted by paul-e-walnts t3_125166v in jerseycity
caroline_elly t1_je59jsh wrote
Reply to comment by franciswilliambird in Rents high. What is your alternative to increasing housing supply? by paul-e-walnts
I mean this is exactly the argument used in San Francisco to keep supply constrained and home prices high in a few select areas.
Improving any neighborhood makes it more expensive. But overall prices will fall if there are more livable neighborhoods. In this case, other parts of JC will be cheaper if Bayonne is seen as comparably attractive as DT.
franciswilliambird t1_je5b7er wrote
yeah maybe though I have a hard time imagining bayonne would ever be more desireable than JC even with better connectivity. But I think the point is doubly true for the real suburbs, what's the point of making their commutes easier if there isn't more housing there? Like if the goal is housing affordability without displacement, improving transport alone just shifts the displacement elsewhere
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