
Alain Bertaud on Urban Planning and Cities
The Great Antidote
00:00
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.
Transcript
Play full episode
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.