Smart Growth Can Deliver Affordable Housing
30 April 2003 - 7:00am
Solutions mix public values, community investment.
Smart Growth's critics particularly homebuilders claim that any policy that discourages the ever-outward march of new subdivisions will make new houses more difficult to build and more expensive to buy. They also say that revitalizing inner city neighborhoods drives the poor out of the only housing they can afford. Neither assertion is true.Accumulating academic evidence shows that it is competition for homes in great places in other words market forces not land use restrictions that are the primary factor in driving housing prices up. And those who insist that Smart Growth exacerbates the affordable housing shortage have no idea what they are talking about.
Full Story:
Smart Growth Can Deliver Affordable Housing
Source:
Michigan Land Use Institute, April 29, 2003
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Its very unsuitability for an urban center justifies its current usage as a suburban or ex-urban pattern.
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