Friday, April 20, 2007

Is Vancouver's downtown really "sustainable"?

I apologise if this thread is in the wrong place, however Vancouver's downtown is being used as a model everywhere, so we have to first address the question: in the long term, is a downtown like Vancouver's really "sustainable"?

I say no. The reason being is that Vancouver has a relatively small commercial district, surrounded by highrises. The high rises-and high demand-have cornered this district, which needs to keep pace if Vancouver is to develop well.

Other problems include height restrictions and strict building regulations (which reduces supply as cities expand, and as thus rises prices). Businesses are starting to move out into the suburbs, which means people in the downtown have to commute to the suburbs, and makes the area car-dependent.

I suggest a solution for Vancouver: deregulate the housing market to lower prices, and concentrate on building medium-density structures. As owning an apartment in downtown wouldn't be as profitable as it once was, people would start moving to other areas to develop, and commerce could expand in tune with the city.>

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