I'm completely all-in for YIMBY/upzoning everything, however I dont think this will make these specific business rents cheaper in this case, since the vast majority of retail/bars want to be on the first (or first few) stories, which is already very saturated real estate. If anything, i'd imagine greatly increasing density will lower housing costs (obvi) but dramatically increase the now more coveted street level space. If a business cannot operate now with all the foot traffic, chances are it won't be able to operate in the future either.
FutureGT t1_ixequd8 wrote
Reply to comment by GND52 in It's a Miracle Your Favorite Local Bar Still Exists by troxwalt
I'm completely all-in for YIMBY/upzoning everything, however I dont think this will make these specific business rents cheaper in this case, since the vast majority of retail/bars want to be on the first (or first few) stories, which is already very saturated real estate. If anything, i'd imagine greatly increasing density will lower housing costs (obvi) but dramatically increase the now more coveted street level space. If a business cannot operate now with all the foot traffic, chances are it won't be able to operate in the future either.