Comment 26461

By Undustrial (registered) - website | Posted September 06, 2008 at 13:57:56

If you're going to place the blame for high housing costs on a shortage of land, then at some point that blame is going to fall upon those building homes at extremely low density. Housing choices are not made in an infinitely vast market - there is a very limited supply, and the choices about what new stock is available - largely condos and suburbs, and that influences the choices people make. Throw in some media-inspired prejudice and paranoia about living in the "inner city" (despite consistently falling crime rates) and a highly subsidized transportation system and infrastructure, and people's choices lean toward suburbs, truly one of the silliest and least sustainable forms of housing out there. While it's true that nobody's forcing people at gunpoint to live in substandard housing, it's hard to deny that there's some crooked dealing going on here.

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