Also, one of the easiest ways to make people better off is to let them move to where the jobs are. That used to be very common in the United States. That has been stunted in some part by rigid land use laws that pull up the ladder behind the people who got in while the getting was good.
There is a lot of work in economics showing the benefits of clustering, rather than having a talented up and coming person move to, say, Cyanide Springs Oklahoma because it's cheap.
Unless you think living in an apartment with no garage, no yard, no storage, and no way to stockpile food (save costs) is a quality of life increase?
Our children will probably not have children if forced to live this way at this price.
Personally I don't really get it, but I don't live in San Francisco.
That's not true, though.
https://www.sightline.org/2017/09/21/yes-you-can-build-your-...
> Our children will probably not have children if forced to live this way at this price.
Maybe check out some other parts of the world where this is the norm, and people have plenty of kids, once the pandemic is over.
And it's not a given that that happens in any case. People might not choose to live quite so densely, but if they want to, the option is there.
Look at the 'Montreal' option in that article for instance. That'd add a lot of people without having Big Towers.
And I actually lived in Italy, in a flat, with no yard for a while. It was great - we'd go to the park with my kids where they'd almost always see friends. Way better than our big yard here in the US where "there's nothing to do".