Tag: density
Housing costs depriving U.S. economy of billions
Regulations on new housing — and the resulting shortfall in supply — are costing the U.S. economy billions each year. How? A new study, “Why Do Cities Matter? Local Growth and Aggregate Growth” by Chang-Tai Hsieh of the University of Chicago and Enrico Moretti of UC Berkeley, finds that income disparity in metro areas is […]
Proof that compact cities lead to reduced car use
The more compact the city, the fewer the cars… right? A new study — Connection Between Built Environment and Travel Behavior, published in the Journal of the Transportation Research Board — aims to determine whether that commonly-held wisdom is true. “[T]he compact city concept has become a paradigm of sustainable urban development under the premise […]