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this post was submitted on 13 Jul 2023
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Did it solve it in this tokyo?
Nope. The thing making tokyo somewhat affordable is absolutely tiny units and a declining population.
What it does do is stabilize city budgets. Low density suburban units carry a huuuuuge infrastructure burden on cities to maintain. In most places, the suburbs cost more to maintain than they generate in tax revenue, hence why so many North American cities are in such poor finances
Isn't part of this because of a lack of commercial real estate in suburban developments? Suburban mixed-use development is decently viable, but that requires a dense type of suburb that isn't really built in North America.
Very high plumbing distance covered to person ratio in suburbs
Sure, but isn't most property tax revenue from commercial development anyway?