Btw it costs $780M per mile to build BART underground today & Berkeley has three underground stations. It is totally irresponsible to leave low-density and single-family zoning near billions of dollars of public infrastructure that taxpayers have paid for. https://www.citylab.com/transportation/2018/01/why-its-so-expensive-to-build-urban-rail-in-the-us/551408/ … https://twitter.com/ByRosenberg/status/955900127184474112 …
you are conflating developers of new housing, who often build and sell, and investors, who might buy existing housing and leave it empty.
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No, I'm not. I have no clue what argument you're trying to make. Developers speculate by tearing down housing, building condos, and selling them to investors. I've lived in Berkeley and I've lived in Hong Kong. They're both really nice places, in very different ways.
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...but you CANNOT build a Hong Kong without underlying public infrastructure that scales to that density. Otherwise you get Dubai. Which is NOT a nice place.
End of conversation
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