Comments on: Does Density Raise Housing Prices? https://marketurbanism.com/2017/11/01/does-density-raise-housing-prices/ Liberalizing cities | From the bottom up Fri, 14 Jan 2022 17:30:52 +0000 hourly 1 https://wordpress.org/?v=5.1.1 By: Michael Lewyn https://marketurbanism.com/2017/11/01/does-density-raise-housing-prices/#comment-21859 Tue, 07 Nov 2017 19:15:00 +0000 http://marketurbanism.com/?p=8868#comment-21859 Of course, for many decades the conventional wisdom was that people AREN’T attracted to people- that the American (and worldwide) desire for more space was a natural human urge, and that cities were bound to de-densify forever. Indeed, this still seems to be the case in some metro areas.

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By: Ryan Wozniak https://marketurbanism.com/2017/11/01/does-density-raise-housing-prices/#comment-21858 Thu, 02 Nov 2017 19:09:00 +0000 http://marketurbanism.com/?p=8868#comment-21858 Is there a spectrum of say 10 du/acre + where this holds true? Or maybe where densities are on the rise?
I expect that there is some truth in that people are attracted to people, and that the services and businesses that will concentrate near densities and redeveloping areas will have upward pressure for the asking price per square foot of living space. What I don’t expect is some one-size-fits all derivative to explain a linear relationship. It’s going to be more nuanced than that and I would expect it to be related to saturation points within the local housing market:
– residential densities
– local business climate / jobs
– transit accessibility
– school performance
– proximity to a growing college campus

If you could find a way to control for these things, I would nominate you for a nobel prize. Plus it would be fascinating to see the findings.

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