Allowing single-family houses, which average $1.2 million, to be replaced by four townhouses that average $750,000, or 12 condominiums that average $550,000, greatly increases the number of families that can live in an area.
Local policy makers face sometimes vicious criticism of policies allowing more compact infill development in urban neighbourhoods — for example, “Victoria councillor pushes back on death threats,” June 26.
Infill recycles urban land in ways that increase its social value. For example, allowing single-family houses, which average $1.2 million, to be replaced by four townhouses that average $750,000, or 12 condominiums that average $550,000, greatly increases the number of families that can live in an area.
For example, a review titled, The Effect of Market-Rate Development on Neighborhood Rents, by UCLA professors Phillips, Manville and Lens, found that building new market-rate significantly reduces nearby housing prices and rents. Describing their findings, Colburn explained, “Pretty soon it became very clear that rental costs and vacancy rates were by far the biggest predictor of rates of homelessness in a community.”
One surprising advocate for infill is the American Association of Retired Persons, which has a Missing Middle Housing website. Why, you might ask, should a senior’s organization support affordable infill housing?
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