CBBarnett
Senior Member
I imagine this has been tried before somewhere, would be interesting to see a study on it. The bulk upzoning of R-CG also has this function, if everyone has the same entitlements, where's the speculative part?I think it would. We have too many people that come from land development in the city that don’t care about the velocity of capital return, they are taking advantage of the City’s want for density to hold for extortionate land values for unproven assets with no comps. Spread density out it could diminish speculation, in theory.
Or they will just continue to hold for bullshit values, who knows.
In practice it might be hard to upzone enough areas to this kind of density to mitigate speculation.