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steelrat@lemmy.world

Could fewer shops lead to lower housing costs in Washington? Gov. Ferguson hopes so (m.kuow.org)

submitted 2 days ago by pelespirit@sh.itjust.works to c/seattle@lemmy.world

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When developers build apartments in pedestrian-heavy areas, many cities require restaurants or retail on the ground floor. The idea is to encourage people to walk, rather than drive, to shop and dine.

But developers often lose money on those storefronts, and those costs get passed on to renters through higher housing prices.

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[–] neuracnu@lemmy.blahaj.zone 6 points 2 days ago* (last edited 2 days ago) (1 children)

You know who'd make a great tenant on the first floor of a dense multi-unit apartment development?

A small state-run grocery store.

[–] False@lemmy.world 2 points 1 day ago

I lived above a grocery store for a while. It's great, highly recommend.