Supply – Demand and The Bubble Bursts

residence antiliarow of apartments

Buildings -the infrastructure of the city -the expectations and incentives of the people are three interrelated things and the change in one of them has always effected the other two elements in relation to it.

Buildings play a big role in shaping the infrastructure of a city and that directly effects the expectations and the incentives of the people living in that city and vice-versa, the expectations and incentives of the people are big inputs that bring upon a change in the requirements of a city and the shape of the city which modifies the infrastructure over time constantly and that change the type, style and the shape of spaces within the city i.e. the buildings. The buildings also are a reflection of the other elements and are a visual representation of the infrastructure of the city and the personality or in other terms the expectations and the incentives of people living in it. Read More »

Posted in Economics of Sustainability, Sahil Sharma | Comments closed

Holding back is also a part of progress

Architecture is one of the numerous creative fields goals of which have evolved drastically with the passing of the time. An architect used to be a professional that understood the properties of physical objects in such a way that he was capable of putting them together to create a shelter appropriate for comfortable living.  Economic progress, availability of better techniques and materials caused for the demand and its quality criteria to rise exponentially, thus shifting the economical value of architecture as a profession to the rank of “high-end” fields that now primarily focus on the aesthetic aspect of a dwelling and not only the engineering of it.   Read More »

Posted in Economics of Sustainability, Kateryna Rogynska | Comments closed

Economics For The World With Limits

 

 

Sustainability is a long run, people-centered concept. There have been many attempts to define sustainability, but most aret rooted in the general concept of intergenerational equity. Sustainable development, as used in this paper, means meeting the needs and wants of people of the current generation while leaving equal or better opportunities for people of generations to follow. What is to be sustained? — development of resources: natural, human, and economic. What is the purpose of development? — positive change or human progress, not necessarily growth in numbers or size. Who is to benefit from such development? — people of the current generation and of generations to follow. For how many generations is development to be sustained? — for all future generations, forever. Thus, sustainability is about sustaining a desirable quality of life for people, forever. The issue of sustainability is rooted in a set of questions: is our economy sustainable, is our society sustainable, is human life on earth sustainable, is the earth sustainable?

 

I disagree  with the point that we can separate the buildings out of the infrastructure of cities and the mobility of transit . From an architect’s perspective, it must be said at the outset that issues as complex and far-​reaching as urban regeneration, environmental sustainability, and economic development are impacted first by choices made long before a project reaches an architect’s office. These are basic choices, like where a developer chooses to build. They are the choices a city government makes when it implements policies that encourage particular types of development. Most importantly, however, they are the choices a society makes about the ways it wants grow, and the legacy it wants to leave to future generations. In this context, it must be admitted that the individual architect has limited power — the architect doesn’t typically choose the site, nor does he or she make the laws. To produce a sustainable project, an architect must be a part of a larger team committed to sustainable goals. It’s been said many times: great architecture requires great clients. In fact, sustainable development requires much more than that. It requires the attention and energy of all of us — architects, developers, politicians, tenants, and the public at large — because to be effective, it must happen on a national and global scale.

Circles_of_Sustainability_image_(assessment_-_Melbourne_2011)

All of this points to the fact that sustainability is not just a technical problem. To be successful, a sustainable project must address its social and economic contexts — in other words, a project must be socially sustainable and economically sustainable. A sustainable project must resonate with its society, providing an environment that attracts and inspires. And a sustainable project must make economic sense — it doesn’t matter how green a building is if it fails in the marketplace.

 

Posted in Asif Rahman, Economics of Sustainability | Comments closed

Humanity, Order, and Balance

balance2

“Within each of us is the ability to distinguish music from noise, poetry from drivel. In art we sense the presence of an order that is linked to the soul of man.  The human eye and thus the soul is able to discern sensitivity and thoughtfulness in a work.  It is when those substantial traces of humanity are embedded in a building that it begins to transcend the ordinary.” Read More »

Posted in Christoffer Ryan Chua, Economics of Sustainability | Tagged , , | Comments closed

Economics of Sustainability: Architecture & Happiness.

grande

The early development of the Barcelona city

Architecture & Happiness.

Gonzalo Delacámara.

By Trinidad de los Ángeles Gómez Machuca

 

  • Why do people tend to believe that what is financially profitable (for developers) is not actually equivalent to economically feasible (positive impacts on social welfare)? How would you show that this does not necessarily have to be like this (but rather the opposite)?

 

The level of consumption of a culture it’s visible from the perspective of their cities, it is a fact that the activities of the people is reflected in the development of the infrastructure, if there is a place where society is very involved with the internal combustion mobility, the result will be an urban design for vehicles, not for pedestrians; this will lead to an specify use of land instead of mixed use, which will be reflected in an non sustainable economy because all the benefits will be for only one portion of the entire system.

 

 

autopista-num-2-los-angeles

 Los Angeles Highway Read More »

Posted in Trinidad de los Angeles Gomez Machuca | Comments closed