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Affordable housing is an issue many cities are currently facing. Upzoning is a potential solution to the issue, however prominent geographer Michael Storper suggests that upzoning actually makes housing more expensive.
The process in which zoning restrictions and building codes are removed to allow for higher density housing is called upzoning. Upzoning as a definition is simple. However, the deregulation of land zoning has consequences that are much more complicated to predict.
In this report, Secret Agent will take a deeper look into upzoning and how it has been impacting property markets in various cities of the world.