I still believe that building more housing is a very important thing to turn around NYC, but the article makes a good case that the issue is more complicated and involves lack of economic opportunity as well.
i hope that turns around but i’m not sure how
ale_93113 on
the core of most cities, even the very dense ones who are urbanist paradises, are shrinking, because the average household size is decreasing, specially in cities
many cities around the world have very low levels of fertility, much lower than the national average, even in places where housing is very cheap
since NYC is all just city centre, then the decline in household sizes makes the populatoin decline even if more buildings are built
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Non-paywalled link :
https://archive.is/2024.08.19-130233/https://www.ft.com/content/6c490381-d2f0-4691-a65f-219fab2a2202
interesting article!
I still believe that building more housing is a very important thing to turn around NYC, but the article makes a good case that the issue is more complicated and involves lack of economic opportunity as well.
i hope that turns around but i’m not sure how
the core of most cities, even the very dense ones who are urbanist paradises, are shrinking, because the average household size is decreasing, specially in cities
many cities around the world have very low levels of fertility, much lower than the national average, even in places where housing is very cheap
since NYC is all just city centre, then the decline in household sizes makes the populatoin decline even if more buildings are built