Mastodawn

The city was humanity's greatest wager: that density creates opportunity, that proximity generates possibility, that strangers pressed together build something larger than themselves.

For most of history, that bet paid off. Then we systematically broke it.

https://thinkingprospectus.substack.com/p/the-urban-condition-promise-crisis

#Urbanism #HousingCrisis #AffordableHousing #ZoningReform #PoliticalEconomy
#SocialHousing #CityPlanning #Housing #YIMBY #NIMBY #Gentrification
#Homelessness #Infrastructure #LandValueTax #UrbanPlanning #Fediverse

Show thread

pepperberry

Henry George named this mechanism in 1879. It remains the most accurate
description of the urban housing problem we have.

The decisive transformation: housing financialization.

Deliberate policy choices — deregulated mortgages, capital gains tax breaks, withdrawal of social housing investment — converted residential property from a social good into an investment asset class.

The consequences were predictable. And predicted.

#PoliticalEconomy #Infrastructure #LandValueTax #UrbanPlanning