Then why did real estate prices skyrocket only in the last few years? Why do they affect multi-family housing equally? I’m paying nearly USD2000 per month for one apartment in a building with dozens. 15 years ago, I paid only USD725 per month for a larger apartment in the same area.
Land scarcity is not the problem. It’s a distraction from the problem, no doubt perpetuated by the people causing the problem. Stop letting them deceive you.
And no, there’s nothing comfortable about living under the tyrannical whims of a building manager and not being able to let your pets roam outside. That is a dramatic decrease in quality of life, it is not necessary, and it is not acceptable.
We can’t keep bulldozing farm land and natural ecosystems to build tax payer subsidized, non eco friendly single family suburban homes anymore. Families can live and do live very comfortably in missing middle sub 6 story low rise duplexes, triplexes, townhomes, and multiplexes. All of which can be built up on existing property at the will and freedom of property owners. https://www.canadianarchitect.com/editorial-finding-the-missing-middle/
Then why did real estate prices skyrocket only in the last few years? Why do they affect multi-family housing equally? I’m paying nearly USD2000 per month for one apartment in a building with dozens. 15 years ago, I paid only USD725 per month for a larger apartment in the same area.
Land scarcity is not the problem. It’s a distraction from the problem, no doubt perpetuated by the people causing the problem. Stop letting them deceive you.
And no, there’s nothing comfortable about living under the tyrannical whims of a building manager and not being able to let your pets roam outside. That is a dramatic decrease in quality of life, it is not necessary, and it is not acceptable.