Archinect - News 2024-12-23T20:07:39-05:00 https://archinect.com/news/article/124912671/the-high-costs-of-high-urban-property-values The high costs of high urban property values Amelia Taylor-Hochberg 2015-04-09T19:18:00-04:00 >2015-04-13T19:23:22-04:00 <img src="https://archinect.gumlet.io/uploads/de/de01224b70fc0f8038a10e35abb52301?fit=crop&auto=compress%2Cformat&enlarge=true&w=1200" border="0" /><em><p>The costs of this misfiring property market are huge, mainly because of their effects on individuals. High housing prices force workers towards cheaper but less productive places. [...] Tot up these costs in lost earnings and unrealised human potential, and the figures become dizzying. Lifting all the barriers to urban growth in America could raise the country&rsquo;s GDP by between 6.5% and 13.5%, or by about $1 trillion-2 trillion.</p></em><br /><br /><!DOCTYPE html PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN" "http://www.w3.org/TR/REC-html40/loose.dtd"> <html><head><meta></head></html>