Talking Transit: Repopulating our city through more housing choice

In order to spread equity of opportunity to neighborhoods throughout the city, we need more projects like this, in communities near transit and along significant retail corridors. The reality is that demand to live in transit-served places like Lincoln Square will continue to grow whether or not we allow new construction. Without adding new housing units, existing residents will see rising rents and decreasing affordability as wealthier households are able to spend more to live there. New construction, on the other hand, can absorb some of that demand. By balancing supply and demand and thereby reducing rent inflation, these new developments can help keep low- and middle-income families in their homes.

Full article: http://www.sustainablecitiescollective.com/metroplanners/...

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