Mixed-use developments make housing more expensive, says study
“A new study by a School of Planning researcher at University of Waterloo shows mixed-use development might be increasing income inequality.
“Data collected between 1991 and 2006 in Toronto showed that housing options in mixed-use zones — those mixing residential and commercial properties — continued to be less affordable than housing in other parts of the city.
“‘Walking to a nearby fancy coffee shop is nice but the premium people pay for that luxury means the barista can’t afford to live near their job,’ Markus Moos, the lead researcher, said in a news release.”