But most people who work in a 15-minute neighborhood can’t afford to live there. We have to build more 15-minute neighborhoods to meet demand and make sure at least some housing in them is affordable.
I am trying to understand the fullness of your point. I do believe this is a supply problem; in my mind there is no doubt. And I'm not sure I see how taxing the landowners would bring prices down. They would bring land costs down, but landowners back into the land cost, so it would probably be a wash.
Bill! Is there any chance that 15 minute cities are so expensive because landowners are seeking unearned rents? And that if we taxed away unearned rents, places might be more affordable? I am exhausted with the just build more theme. For one thing, I have been there and done that, and the cost of housing doubled. There may be a theoretical level of supply at which costs genuinely fall. I don’t think so, but I could be wrong, at least in some places. But I do not understand why experienced, smart observers like you can’t see what’s right in front of you. This is not a supply problem.
might be good to take a hard look at CA's building codes to ensure they protect public safety and are energy conserving, and at the same time are not Christmas trees. . . .expensive ones at that
I am trying to understand the fullness of your point. I do believe this is a supply problem; in my mind there is no doubt. And I'm not sure I see how taxing the landowners would bring prices down. They would bring land costs down, but landowners back into the land cost, so it would probably be a wash.
Bill! Is there any chance that 15 minute cities are so expensive because landowners are seeking unearned rents? And that if we taxed away unearned rents, places might be more affordable? I am exhausted with the just build more theme. For one thing, I have been there and done that, and the cost of housing doubled. There may be a theoretical level of supply at which costs genuinely fall. I don’t think so, but I could be wrong, at least in some places. But I do not understand why experienced, smart observers like you can’t see what’s right in front of you. This is not a supply problem.
Other than work, modern suburbs are 15 minute cities. All your other daily needs are a 15 minute walk or bike ride away.
“My office is a 20-mile walk…” Seriously? 😎
Clearly I need a proofreader!
Bill: I did a 20 mile walk in ’67 during basic at Fort Dix. No fun. 🤩
might be good to take a hard look at CA's building codes to ensure they protect public safety and are energy conserving, and at the same time are not Christmas trees. . . .expensive ones at that