Hey friends, I quit Twitter for Easter weekend and never came back. You can find me on LinkedIn, which is more boring but also more professional and a lot less sticky. Be nice to each other.
“Real” major American city test:
- population over 2 million in city limits
- at least one 20-lane freeway that has traffic 24/7
- beach less than 1 hour away
- quality Tex-Mex access
With some more context: Austin faced a huge surge in demand and rents went vertical. Instead of merely flatlining at a new, higher level when demand moderated, the building boom (which was chasing the high rents) is actually reversing the spike.
it’s wild that coastal cities have spent years debating if YIMBY policies will lower rents, and Austin just… did it
they streamlined permitting, upzoned most of the city, and eliminated parking mandates. Tons of housing is going up and rents are plummeting.
YIMBY policies work
Ah, hard to see the skyline in that photo. Here it is again... EDMONTON ALBERTA!
🚗 Market-based parking
🛖10k ADUs
4⃣ plexes anywhere
🧑⚖️local leadership + provincial oversight
💵developers pay for improvements
Lifecycle analysis of housing should assume that the people who Boston evicts with its overpriced housing move to North Carolina, not assume that they die instantaneously (which is what this analysis assumes).