01-16-2023, 11:08 AM
(01-15-2023, 09:52 PM)dtkvictim Wrote: And another point I want to address, not directly to you Tom, but I've seen people here use the development and population increase of places like DTK as evidence of the area's improvement and desirability. But for those of you looking for evidence that revitalization is working, I wouldn't recommend this metric during a housing crisis. I think I'm quite a bit below the average age of this forum, and frankly most of the people I know of my age aren't choosing where to live. They are taking the first housing that is both available and affordable, which usually means living in one of the few areas that actually has active development and small (cheap) units.
This is quite true -- we have young people on our team. But some of them are specifically looking to not buy a car, so they are looking to ideally live near downtown (walkable to work) or else convenient to transit. Because driving a car is expensive, too. So, indirectly, some young people also end up looking for housing near downtown.