But are those smaller houses more affordable? I’m not sure what your point is - if you are talking about new units (which was my impression) then a house built in the 1300s doesn’t seem particularly relevant. If anything, you contradict yourself by mentioning the affordable townhouse that impressed your friend from Britain.
There might be a lower price tag on a smaller unit, but that does not mean it will be affordable. When vacancy rate is low and rents are rising, additional stock doesn’t seem to lead to more affordable housing unless there are policies or agreements in place. Just more units at market rate, or above in the case of luxury buildings.
I should have been clearer in my earlier post. I’m not sure if subsidies work, and if they do I haven’t seen proof of it yet. I just meant to specify how they would, ideally.
