This post originally appeared on Orphan Road.
Erica Barnett says there’s been some great progress with the multifamily zoning codes. A whopping 8% of the city’s land can now be developed without minimum parking requirements. Lots of good stuff in there, be sure to click through to read the details.
This will only affect a small chunk of the city’s land, as Erica notes. And given the current housing market and the supply overhang from the last boom, only a very small percentage of care-free rowhouses will realistically get built in the next 20 years.
Still, it’s a great start towards a more rational and diverse housing policy. To those who are freaking out about it, keep in mind that the market will ultimately decide. Developers are conservative. If these houses suck and no one wants them, the developer will learn very quickly not to build any more.