For instance, the most common type of « affordable housing » in the world comes in the form of apartments over stores, and 99 percent of retail buildings in North America the past sixty years have been one story.
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I believe most of suburbia is unreformable and will not be fixed. It represents, after all, the greatest misallocation of resources in the history of the world. We built it during our most affluent period of history, and in the decades to come we will be comparatively destitute collectively. In short, we will not have the resources to retrofit most of suburbia.
What’s more, we are in for a fiesta of default, repossession, and distress selling of suburban property, much of which will lose its presumed usefulness and monetary value in an energy-scarce economy.
As if that wasn’t enough, consider how badly-built suburbia is. Many business buildings are not designed to outlast their tax depreciation periods, and the McHouses are made of particle board, vinyl siding, and stapled-on trim. A lot of suburbia will simply become the slums of the future. Most of the rest will be salvage or ruins.