Ben Keyes

Yeah, it's a fun one. And I think the nice thing about that is When you start walking around cities, when you put on your housing hat and you think about where could more people live, you start to see opportunities everywhere. You see buildings that are small for their space. You see areas with big side yards. You see old office buildings that could be converted to residential.

Yeah, it's a fun one. And I think the nice thing about that is When you start walking around cities, when you put on your housing hat and you think about where could more people live, you start to see opportunities everywhere. You see buildings that are small for their space. You see areas with big side yards. You see old office buildings that could be converted to residential.

Yeah, it's a fun one. And I think the nice thing about that is When you start walking around cities, when you put on your housing hat and you think about where could more people live, you start to see opportunities everywhere. You see buildings that are small for their space. You see areas with big side yards. You see old office buildings that could be converted to residential.

And so when you put those glasses on of how do we reach housing abundance, in these places where the jobs are located, you start to see opportunities everywhere.

And so when you put those glasses on of how do we reach housing abundance, in these places where the jobs are located, you start to see opportunities everywhere.

And so when you put those glasses on of how do we reach housing abundance, in these places where the jobs are located, you start to see opportunities everywhere.

Yeah, there's a neat example of this. It's not housing necessarily, but in West Philly near Penn's campus, there's a McDonald's on the corner. And they basically tore down the McDonald's. That was a one-story traditional McDonald's with the usual McDonald's roof and everything. Difficult to put apartments or additional use up above that. Well, they tore that McDonald's down.

Yeah, there's a neat example of this. It's not housing necessarily, but in West Philly near Penn's campus, there's a McDonald's on the corner. And they basically tore down the McDonald's. That was a one-story traditional McDonald's with the usual McDonald's roof and everything. Difficult to put apartments or additional use up above that. Well, they tore that McDonald's down.

Yeah, there's a neat example of this. It's not housing necessarily, but in West Philly near Penn's campus, there's a McDonald's on the corner. And they basically tore down the McDonald's. That was a one-story traditional McDonald's with the usual McDonald's roof and everything. Difficult to put apartments or additional use up above that. Well, they tore that McDonald's down.

And now there's a building there with McDonald's on the first floor. And so the McDonald's has returned. The retail is still present. But now we're using the space above the McDonald's more efficiently. smart opportunities that we're going to need to see happen at a scale we haven't operated at in decades.

And now there's a building there with McDonald's on the first floor. And so the McDonald's has returned. The retail is still present. But now we're using the space above the McDonald's more efficiently. smart opportunities that we're going to need to see happen at a scale we haven't operated at in decades.

And now there's a building there with McDonald's on the first floor. And so the McDonald's has returned. The retail is still present. But now we're using the space above the McDonald's more efficiently. smart opportunities that we're going to need to see happen at a scale we haven't operated at in decades.

Yeah, you hit the nail on the head. Certainly, we've seen this kind of development in a place like Tokyo, which has kept housing relatively affordable by building intensively in the city. And that has required... A forcefulness that we are not comfortable with in the U.S.

Yeah, you hit the nail on the head. Certainly, we've seen this kind of development in a place like Tokyo, which has kept housing relatively affordable by building intensively in the city. And that has required... A forcefulness that we are not comfortable with in the U.S.

Yeah, you hit the nail on the head. Certainly, we've seen this kind of development in a place like Tokyo, which has kept housing relatively affordable by building intensively in the city. And that has required... A forcefulness that we are not comfortable with in the U.S.

in many cases when it comes to having community oversight over what gets built, a zoning code that requires a lot of hoops to jump through. And so there are a number of ways in which a city like Tokyo has cut the red tape. and recognize that some historic buildings can coexist next to large apartment towers.

in many cases when it comes to having community oversight over what gets built, a zoning code that requires a lot of hoops to jump through. And so there are a number of ways in which a city like Tokyo has cut the red tape. and recognize that some historic buildings can coexist next to large apartment towers.

in many cases when it comes to having community oversight over what gets built, a zoning code that requires a lot of hoops to jump through. And so there are a number of ways in which a city like Tokyo has cut the red tape. and recognize that some historic buildings can coexist next to large apartment towers.

And so I think that's maybe an extreme example where the pendulum has swung in the direction of development, but we just need to loosen the gears. And so looking to a city like Tokyo as an example is potentially a promising one.

And so I think that's maybe an extreme example where the pendulum has swung in the direction of development, but we just need to loosen the gears. And so looking to a city like Tokyo as an example is potentially a promising one.