This video is amazing! I will be sharing it so more people in Austin are informed!! NIMBY’s are the reason why the city had to scrap the CodeNEXT plan...smh. 🤦♀️ I think that it should mainly be up to the market to decide! If the zones are updated and someone buys a single family home and decides to make a duplex or triplex- let them! It’s their property yet other property owners want to dictate what other’s do with their homes. 😵
I feel that Minimum parking requirements are really the key to limited housing availability and car centric development. Parking is more expensive to scale vertically. Tying the creation of human spaces with car storage increases the costs of multistory residential and commercial buildings. If you are a developer with limited resources, you will build less housing than otherwise to accomodate the parking mandate. If you are a developer with deep pockets, you take on the higher construction costs, and pass them on to the ultimate consumer - the renter. At either case, the effect is a reduction of affordable housing supply. Single use zoning might be bad (80% of land of many major cities are for single family detached housing), but there is still plenty of land and airspace being underutilized in the urban core. 1. Parking lots could have buildings on them. 2. Parking structures could be converted into human spaces. 3. Buildings can be made taller if they weren't limited by the amount of parking they'd have to provide. 4. Buildings without parking can have cheaper rental units or condos. 5. Parking mandates are per housing unit which discourages higher unit count. Apartment buildings without mandates can have more units by making units smaller. This is good for those who don't need much space - working professionals, students, transients, longer stay tourists, elderly, etc. 6. Some of the land devoted to streets and highways can opened up for construction. With less parking in the city and cheaper apartments, people will be more inclined to live in the city and take public transport reducing the need for wide streets for cars.
This is amazing, thank you. Do you think the housing prices in Houston will go back to normal soon (like in a year or two)? I've noticed housing prices are 20-40k more than they were in early 2020
Maybe, but I think that the current housing market and price increases has more to do with COVID repercussions than with land use regulations that have been in place for the past 20-30 years. But if I had to guess, yea prices will return to their normal by 2023.
This video is amazing! I will be sharing it so more people in Austin are informed!! NIMBY’s are the reason why the city had to scrap the CodeNEXT plan...smh. 🤦♀️ I think that it should mainly be up to the market to decide! If the zones are updated and someone buys a single family home and decides to make a duplex or triplex- let them! It’s their property yet other property owners want to dictate what other’s do with their homes. 😵
You predicted the future! Houston's housing development is now booming, causing rent to drop! Meanwhile, Austin prices are stuck.
I feel that Minimum parking requirements are really the key to limited housing availability and car centric development. Parking is more expensive to scale vertically. Tying the creation of human spaces with car storage increases the costs of multistory residential and commercial buildings. If you are a developer with limited resources, you will build less housing than otherwise to accomodate the parking mandate. If you are a developer with deep pockets, you take on the higher construction costs, and pass them on to the ultimate consumer - the renter. At either case, the effect is a reduction of affordable housing supply.
Single use zoning might be bad (80% of land of many major cities are for single family detached housing), but there is still plenty of land and airspace being underutilized in the urban core.
1. Parking lots could have buildings on them.
2. Parking structures could be converted into human spaces.
3. Buildings can be made taller if they weren't limited by the amount of parking they'd have to provide.
4. Buildings without parking can have cheaper rental units or condos.
5. Parking mandates are per housing unit which discourages higher unit count. Apartment buildings without mandates can have more units by making units smaller. This is good for those who don't need much space - working professionals, students, transients, longer stay tourists, elderly, etc.
6. Some of the land devoted to streets and highways can opened up for construction. With less parking in the city and cheaper apartments, people will be more inclined to live in the city and take public transport reducing the need for wide streets for cars.
Really good video! Excellent research!
Really good video. I appreciate that you took the time to lay out the argument step by step
Good video! Some pronunciation though:
Stifle power rhymes with Eiffel Tower
Laissez faire rhymes with lay say fair
This is amazing, thank you. Do you think the housing prices in Houston will go back to normal soon (like in a year or two)? I've noticed housing prices are 20-40k more than they were in early 2020
Maybe, but I think that the current housing market and price increases has more to do with COVID repercussions than with land use regulations that have been in place for the past 20-30 years. But if I had to guess, yea prices will return to their normal by 2023.
@@vitaminmnd1993 ah thanks! Edit: *that would be a relief* not what a relief