4 ms·

I guess we are not on the same page. So, how does this work? More specifically, what ensures the new development is "affordable"? Surely, the deciding factor

I guess we are not on the same page. So, how does this work? More specifically, what ensures the new development is "affordable"? Surely, the deciding factor is not the permit cost.

hodwik2 11y ago
As the supply increases, and a greater proportion of demand is met, the cost will decrease. Remember this from Econ 101?