More raw housing stock is only the first step. Without comprehensive transit, the value of density can't extend beyond the city center.
Echoing the calls of many a frustrated urbanist, Ben Adler makes the case for affordability via public transportation. "Demand follows transit. For all the talk about how artsy young people will go where the housing stock has historic character and the rents are low, the bottom line is that the vast majority of them will live where they can get to a job in a reasonable amount of time."
The ideal transit system functions across the whole city, taming exceptional prices in central areas. Adler writes about transit as a public good for this century, much as auto infrastructure was perceived in the last.
FULL STORY: To create more affordable housing, build more mass transit
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