The benefits of distinctive urban architecture extend far beyond the buildings themselves, but the costs are borne by the developers. This can lead to underinvestment in high-quality design - and it raises the question of whether policy should encourage better architecture.

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27 March 2026

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Economics Observatory

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https://www.economicsobservatory.com/why-dont-we-have-nicer-buildings

This Blog is published under the centre's Urban programme.