The Great Antidote cover image

Alain Bertaud on Urban Planning and Cities

The Great Antidote

INSIGHT

Cities: Generational Wealth Transfer

Cities become conservative due to the perception of working well, resisting change and misunderstanding the nature of a city.

  • Emotional resistance to density: Vancouver residents resist zoning changes, fearing it would resemble Hong Kong, despite lacking the demand.
  • Discrimination shifts: The economic discrimination in housing is not against migrants but between generations.
  • Wealth transfer: Older generations who bought houses when they were affordable are effectively closing the door behind them.
  • Demographic shift: Younger, educated people are priced out, moving to smaller cities with less opportunity but affordable housing, leading to an aging workforce in major cities.
00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner