alt Hacker News> Dense cities will never have cheaper housing.
Yeah there’s a correlation but I doubt it’s causation. There are underlying aspects like zoning (and other regulations as mentioned in article) that can make an impact on housing prices. Other reasons are because employment and career prospects are higher so that attracts more people, which creates more demand.
> Yeah there’s a correlation but I doubt it’s causation.
There is. Density-misery death spiral.
You can usually check for correlation vs. causation by looking for counterexamples. Do you know a city that increased density and that resulted in cheaper housing?
I don't. And I checked the stats for all of the US, Western Europe, and Japan.
So far, it looks like the only way to decrease the cost is to reduce the city population.