The need for convenience is growing, because of this, people are looking into living in the city and using public transportation for their everyday commutes. The good things about this movement is that it would help the city revenue; in that, people would be visiting shops, restaurants and stores more often. The structure of the city would need to change to accommodate the demand for town houses and studio apartments. This would create jobs for the construction of the new structures. Also, Housing in the rural areas would become more available with the people who are moving to the city. This would cause prices to drop for easy sell.
On the flip side of this, the city could become over populated, making prices of the town houses and studio apartments go up because of the demand. Housing in rural areas could be hard to sell if not many people are wanting to live there.
In my opinion, I would not like living in the middle of the city like this. I currently live in town and the convenience is nice with driving a few minutes to the store or to work. However, I would love to live in the country with lots of land and no close neighbors.
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