Quote:
Originally Posted by ardecila
Don't really need to worry about this. Chicago is a bottomless pit of capacity for more housing. The entire South and West Sides are severely depopulated (and continue to depopulate) plus we have vast tracts of post-industrial and CHA land that can be build upon. Not to mention that we have an enormous "greater downtown area" with capacity for 100s more highrises. ADUs have had a small impact in housing for other cities, but I think they will have a big splash in Chicago since we have such a strong tradition of alleys and coach houses to build upon.
This is an oversimplification but Chicago combines the legacy urbanity of NYC with the growth capacity of Houston. The key is making sure that we don't choke out all new growth with restrictive zoning the way LA has.
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Exactly this. It is as you point out a bit of an oversimplification but this gets to the core of why Chicago is, and will remain for the foreseeable future much more affordable than the coastal metros. Much lower overall supply side constraints.