11–20 of 186 posts
Why is Paris really expensive? Constricted supply and high demand. Why is the supply constricted? Because Paris refuse to build anything in the center. That's because the center is a historical preservation district writ large. If you build anything modern, it would "ruin" the image of Paris. So, Paris would need to change its policy and start demolishing old buildings, and build higher density buildings. Certainly,…
Why is Paris really expensive? Constricted supply and high demand. Why is the supply constricted? Because Paris refuse to build anything in the center. That's because the center is a historical preservation district writ large. If you build anything modern, it would "ruin" the image of Paris. So, Paris would need to change its policy and start demolishing old buildings, and build higher density buildings. Certainly,…
Your comment lacks foundations.
1: http://en.wikipedia.org/wiki/List_of_cities_proper_by_popula...
I don't want to undermine this piece too much as I think it is an important issue and what I'm about to say doesn't address all of the details. But I also believe it's an issue that will be partially solved by automated cars. As soon as it becomes palatable to live further from the city and commute; and, to a lesser extent, free up space from car parks, this problem will be dramatically reduced.
Why is Paris really expensive? Constricted supply and high demand. Why is the supply constricted? Because Paris refuse to build anything in the center. That's because the center is a historical preservation district writ large. If you build anything modern, it would "ruin" the image of Paris. So, Paris would need to change its policy and start demolishing old buildings, and build higher density buildings. Certainly,…
Can't wait for next week in which he dedicates an entire column to what his Parisian cab driver told him.
The article talks a lot about cities now being the domain only of "one-percenters" and "global elite". This is demonstrably false. Consider the UK. UK's population: 62 million London population: 8 million 13% of the UK's population, therefore, resides in London. To say that only the "1%" can afford London is clearly not the case. In France's case, 15% of the population live in Paris. Perhaps we can't all live in Lond…
ORLY. Consider the London borough of Camden. "40% of children are under the poverty line, but average house prices have just hit £1m." http://www.guardian.co.uk/commentisfree/2013/may/21/mervyn-k... http://www.wsws.org/en/articles/2011/05/hous-m24.html?view=p...
In other words, you can afford to "live" in London so long as you pay your salary on rent for a small, shabby flat and give up hope of settling or owning in London. You'll be the underclass who can always be moved on or moved out next year if the owners decide. http://www.guardian.co.uk/uk/2013/feb/13/london-council-relo...
Why is Paris really expensive? Constricted supply and high demand. Why is the supply constricted? Because Paris refuse to build anything in the center. That's because the center is a historical preservation district writ large. If you build anything modern, it would "ruin" the image of Paris. So, Paris would need to change its policy and start demolishing old buildings, and build higher density buildings. Certainly,…
According to Wikipedia[1], Paris is the 34th densest city in the world. 5 French cities are denser, and all of them are Paris' suburbs. Only 3 non-French European cities are denser than Paris. Your comment lacks foundations. 1: http://en.wikipedia.org/wiki/List_of_cities_proper_by_popula...
Then let make Paris even more dense than Paris' suburbs.
Why is Paris really expensive? Constricted supply and high demand. Why is the supply constricted? Because Paris refuse to build anything in the center. That's because the center is a historical preservation district writ large. If you build anything modern, it would "ruin" the image of Paris. So, Paris would need to change its policy and start demolishing old buildings, and build higher density buildings. Certainly,…
According to Wikipedia[1], Paris is the 34th densest city in the world. 5 French cities are denser, and all of them are Paris' suburbs. Only 3 non-French European cities are denser than Paris. Your comment lacks foundations. 1: http://en.wikipedia.org/wiki/List_of_cities_proper_by_popula...