Increasing density likely implies displacing the people presently in the expensi... | Hacker News

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egsmi on Sept 9, 2020 | parent | context | favorite | on: The Fed now owns nearly 1/3 of all U.S. mortgages

Increasing density likely implies displacing the people presently in the expensive neighborhood for construction. In the U.S. anyway, that’s easier said than done. So that’s definitely a theoretical solution but I’m not sure how practical it is.

thebean11 on Sept 9, 2020 [–]

Displacing sure, but it's almost always voluntary! Zoning rules change, and developers start offering the big bucks for existing homeowners to sell.

It's starting to happen in Austin: duplexes/fourplexes are getting built in some of the nicer, more central areas.

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