Quote:
Originally Posted by topfiverecords
Maybe your scenario benefits the bottom if the gap between supply and demand wasn't so wide, and new dollar input wasn't so easily achieved.
The ability to actually develop the quantity of units under R-CG needed to have a tangible impact won't even meet the pace of current demand, let alone future demand that's increasing daily.
Doesn't mean it shouldn't happen, but it's only a sliver of the solution.
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I agree that this isn't going to solve the situation all by itself. Is there one solution that ever will? No action should ever be taken unless it resolves a problem all on its own?
Yes, this won't see sweeping changes in improving density immediately but it is a systemic change that should improve the situation over the long-term. On the other hand, why are people catastrophizing the impact of the potential for increased density in their neighbourhoods if there won't be sweeping changes?