Introduction
It is argued that the solution to the housing crisis is to build big blocks with lots of apartments, reaching a higher number of houses. In my opinion, building these high condominiums can provide enough homes in big metropolises, but with regulations. By making a high number of apartments, the offer increases , and it gives more options to people in need, and it is a good way to make the most of the area in big cities.
Body paragraph 1
On the one hand, increasing the number of condominiums in a big city is directly related to a rise in supply in that sector. Raising the supply means making a better balance between supply and demand, making the prices fall , and by
this
giving more opportunities. It is a good solution to the problem because it is related to high housing prices in big cities. Linking Words
For example
, Carlos III University in Madrid made a study regarding the housing crisis in Spain nowadays and found that a possible solution is to increase the supply by building at least 1 million houses around the country.Linking Words
Body paragraph 2
On the other hand
, big metropolises have issues with space because there are many more people than houses , so not everyone can fit in these places. It is known that these kinds of cities have empty spaces in the outskirts that can be used to build these high condominiums. Linking Words
Moreover
, if Linking Words
this
kind of construction is made in the metropolis, the space is used in a way that many more people fit, even if it is not in the centre, which improves the efficiency of city planning. Linking Words
For instance
, the “Comunidad de Madrid” in 2022 built three one-hundred-and-fifty-meter apartment blocks near the airport to help with the increase in population in the city.Linking Words
Conclusion
Overall
, building these kinds of blocks in a big capital helps to provide enough homes for everyone by increasing the supply and decreasing housing prices and Linking Words
finally
, with the optimisation of the space to raise the capacity of the capital.Linking Words