Imposed greenbelts drive up land prices, which leads to much higher house prices in a metropolitan area Wherever housing prices are severely inflated, you’ll find urban growth boundaries, greenbelts or similar land rationing policies. Toronto is a perfect example. Talk continues of the potential for a housing bust in Toronto. Yet through the end of
How Fighting Urban Sprawl Inflates Housing Prices
Imposed greenbelts drive up land prices, which leads to much higher house prices in a metropolitan area Wherever housing prices are severely inflated, you’ll find urban growth boundaries, greenbelts or similar land rationing policies. Toronto is a perfect example. Talk continues of the potential for a housing bust in Toronto. Yet through the end of