Re: Will downtown ever have affordable housing for sale?
Is there truly affordable housing immediately adjacent to downtowns of most major cities that isn't rental housing? I'm just posing this question because I don't know the answer. Location in and of itself has value, and it's not surprising to me that housing immediately adjacent to Bricktown is more expensive. When our new central park is built, I expect housing immediately adjacent to it to be unaffordable for most of us (me) for that very reason. I would expect prices to drop as you move away from Bricktown and the CBD, and perhaps the undeveloped land from 5th to 10th will serve as a location where housing can be more affordable. Developers also have to know there is a demand, so perhaps people who want this sort of housing need to be contacting Mr. Berlanger asking him to consider lower cost housing, or the city asking them to promote this concept to developers.
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