Dr Evaldas Klimas: “A good urban vision deserves support. However, it should not become a reason for residential development to become slower, more expensive and less accessible.”
2026 05 07
The “15 minute city” sounds good. But what if it means a 15 year wait for new housing?
Lithuania’s new territorial planning rules set a clear ambition: more compact, sustainable and better-connected cities. But the practical question is whether these changes will also make it more difficult, slower or more expensive to bring new housing projects to the market.
Dr Evaldas Klimas, WALLESS Partner, examines what the new rules may mean for the real estate sector and why, with affordability already under pressure, every additional layer of regulation matters.
Read the full LRT article (in Lithuanian) here: https://shorturl.at/AenWt