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Density, Affordability, and the Hungry Dogs of Land Price Speculation Patrick Condon argues that increasing density without affordability inflates urban land values, resulting in nearly all of the value of labor and creative enterprise of entrepreneurs in regional economies being absorbed as land wealth. March 15, 2021, 11am PDT | Clare Letmon Share Sick City: Disease, Race, Inequality, and Urban Land, author Patrick Condon, chair of the Urban Design program at the University of British Columbia, harkens back to 19th century political economist Henry George to argue that increasing density without affordability inflates urban land values to the benefit of speculators, resulting in nearly all of the value of individual labor and creative enterprise of entrepreneurs in regional economies being absorbed as land wealth. ....
Upzoning Catches on in California Eliminating single-family zoning and other exclusionary ordinances could have major impacts on housing in some of the country s most unaffordable cities. March 8, 2021, 8am PST | Diana Ionescu | California cities are joining a national trend to use upzoning as a tool to increase housing affordability, make neighborhoods more accessible to more people, and fight climate change and urban sprawl. Most recently, the city of Berkeley, the birthplace of single-family zoning in the United States, voted to eliminate exclusionary zoning policies and reform the city’s general plan with the aim to eliminate widespread bans on apartments and multi-unit residences. ....
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Babbitt with real estate. “The towers of Zenith,” Lewis’s book begins, “aspired above the morning mist; austere towers of steel and cement and limestone, sturdy as cliffs and delicate as silver rods.” Lewis was describing the fictional city of Zenith, but he might as well have been writing about Manhattan, which in recent years has seen an explosion of super tall residential towers that in their own way “aspire above the morning mist.” From left to right, 111 West 57th, Central Park Tower and One57. Street Credit: Michael Lee, Getty Images, Godsfriendchuck, Chris6d and Creative Commons A few blocks south of Central Park, for example, there’s 53 West 53, which rises more than 1,000 feet above the street below. ....