The article spends a lot of time describing problems that I would see as a result of car centricity and land use patterns, but it just fails to make a point on why it’s a problem caused by REITs.
You can easily go to NYC and find entire neighborhoods owned by large absentee landlords and yet are still walkable and desirable to live in. Yes perhaps regulations and tax laws favor large firms, but in the end zoning laws can easily require those large firms to build desirable neighborhoods.
You can easily go to NYC and find entire neighborhoods owned by large absentee landlords and yet are still walkable and desirable to live in. Yes perhaps regulations and tax laws favor large firms, but in the end zoning laws can easily require those large firms to build desirable neighborhoods.