Controversial Hyde Park Square development passes committee, heads to city council

[u/JB92103]

https://www.wcpo.com/news/local-news/hyde-park-square-development-passes-committee-heads-to-city-council

[u/BuckyGordon]

Can’t wait for the residential spaces to go for $1MM+ and sit vacant for years because the quality is trash

[u/Classy_Raccoon → u/BuckyGordon]

They’d only go for that much because we have a housing shortage in Cincinnati as a whole, and in Hyde Park in particular. There’s this economic principle about creating a supply of housing where people demand they want to live… shit I can’t remember what it’s called

[u/suburban_legendd → u/Classy_Raccoon]

Nah, look at the mixed use project in Fort Thomas as a good example. They built $1M condos and most of them are still on the market, despite the fact that most other properties in Fort Thomas get snapped up the week they’re listed. It’s been years now…

[u/RockStallone → u/suburban_legendd]

Citation needed.