Quote:
Originally Posted by iheartthed
Chicago didn't stop building units because people stopped wanting them. Chicago stopped building because it ran out of room.
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Huh?
There is
PLENTY of room to build in Chicago.
The last estimate I read was
30,000 vacant lots in the city.
Chicago is still a rustbelt city in a way that NYC just fundamentally isn't anymore. It may not be quite as rusty as Detroit or Cleveland, but it's still a far cry from NYC.
And Chicago never stopped building new housing, it has just built far less than New York because there is less demand for it here.