How low-density housing is making us poorer

Outdoor café setting with several empty round tables and chairs arranged in a row. The chairs have a woven checkerboard pattern and curved wooden frames. The lighting suggests early morning or late afternoon, casting gentle shadows across the scene.

Enabling a higher density of businesses and houses can bring many benefits to cities. It makes us as individuals, and as a society, richer – and not only in monetary terms. More choices of where to live, and less land per home, means lower house prices.