All the given sentences are praises for new urban designing initiatives, except for inflated housing costs. Hence, option E is correct.
What are inflated housing costs?
A phenomenon of decrease in the purchasing power of buying or building a house is known as inflated housing cost. These costs are increased due to passage of time and increase in the rate of money growth.
Urban design initiatives have improved greatly over the past few years, however, this has led to an increase in demand for houses and has in turn led to inflated housing costs.
Hence, option E holds true regarding the inflated housing costs.
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