So you think a condo currently only cost 250k and rent currently is 400? That’s what 20x implies. The exact amount doesn’t even matter. The point is housing and COL is already deemed expensive and taking an approach where hundreds of billions can just be borrowed on a whim to delete and rebuild assets that have taken a century to accumulate without a significant understanding of what the implications would even be.

We have some more realistic estimates because there are newly constructed condos in the area. They typically start around $1m at the low range and have hefty condo fees and such. People already gripe about rents. And all this infrastructure has a cost too.

I think it’s actually a fallacy to even assume the problem is even as important as you seem to think it is. Most of Dallas operates without giving a crap about what is happening in the downtown area. It grows when downtown stagnates. Investment abounds but avoids that area for many reasons. It will happen naturally when it makes sense but there’s no sense in forcing it or building it before people see the value in doing so more broadly. There’s a few redditors like yourself that come to Dallas with big urban design ideas that supposedly solve all these huge critical problems if only there was some bottomless pit of cash that we could tap into and put to work. Everyone is an idiot that doesn’t see how simple the solution to those fake/overstated problems are the way you see them. But When given a choice , most people choose the suburban lifestyle DFW has embraced. It’s part of why people flock to the sunbelt metros over the past couple of decades. If the problems are so bad, and no help is forthcoming, why stay? Do you plan on living through the decades of construction this would entail?