Streamlining regional transportation is one way to alleviate this pressure-but that requires a “structural change,” which is complicated by state and local laws, according to Adler. Among other problems that stem from a high real estate prices, unaffordable cost of living coincides with homelessness and “leads to gentrification, it leads to displacement.”Īs city centers expand, this is forcing lower earning residents including younger workers to move further from their workplaces.
“We built more houses per capita than any city in America and it still wasn’t enough,” said Steve Adler, former mayor of Austin, Tx. Lack of affordable housing could slow growth in the long term and prevent communities from economically capitalizing on the influx of residents. Incentive isn’t the issue-many regions simply can’t keep up with demand. “We certainly have the incentive to try and build new units.” Because of this, “we like new houses,” he continued. For one, county governments are primarily funded by property taxes, according Matthew Chase, chief executive officer and executive director for the National Association of Counties. There’s no easy solution to the problem, even though there are a lot of reasons pushing local and county governments to bolster regional housing stock. Our ex-burbs, suburbs, are booming as well.” “Apartments are booming in places like midtown and along our world famous and world class beltline. “At the risk of sounding like a broken record, another significant challenge in our region is housing,” said Anna Roach, chief executive officer and executive director for the Atlanta Regional Commission. “This growth presents enormous opportunity, but also challenges,” said William Glasgall, senior director of public finance at the Volcker Alliance, noting the 10 fastest growing counties in 2022 were “all southern and western.” He was co-hosting an online panel discussion with local, county, and regional administrators Thursday alongside Susan Wachter, co-director of the Penn Institute for Urban Research, called “Special Briefing: Managing Growth in America’s Hottest States, Counties & Cities.”Ĭhief among the challenges highlighted by the panelists is the cost of real estate. And Atlanta, Ga.’s metro area is projected to grow b y 1.8 million people by 2050. Combined, Florida and Texas added 1 million people last year. In the last two decades, for example, Austin, Tx.’s population has more than doubled. Across the nation, many cities and counties are experiencing a population boom unprecedented in recent history.
0 kommentar(er)
