...and? this was obviously not the case during Tokyo's boom years, during which it was very fortunate that the city built a ton of housing
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Replying to @RatKelley
You consolidate; demolish or repurpose abandoned buildings. Are we to forego development now because growth will slow down in future?
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Replying to @RatKelley
Why would u need to? long as u don't have tax incentives which reward leaving vacant buildings up, landowners can do most of it themselves
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Replying to @RatKelley
Because right now those who can are pulling marathon commutes to participate, or wallowing in stagnation unable to do so
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Replying to @380kmh
Those who can commute lose some of the benefit of participating in the Boston economy bc of what they have to pay in time and money to do so
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Replying to @380kmh
Those who can't lose out entirely, and are generally dependent on transfer payments (read: gov aid) made possible by Boston's surplus
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instead of being able to work in the city and contribute to that surplus, they are draining it
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