New urban development replaces existing urban development. NYC is on generation six of the process, and in suburbs of Salt Lake, farmland has become strip malls which has become mid-rise apartments in the last twenty. Any economist will tell you that the market produces as much density as prices support. Making sure those prices are high enough to make most development infeasible is the essential NIMBY strategy, and every regulatory device is perverted to that end: Delay through public consultation and design review, conditional approvals, spurious CEQA lawsuits, and 'poison pill' exactions by referendum.
No comments:
Post a Comment
And your thoughts on the matter?