3 ms·
> First group don't want new houses and dilute value of their property Increasing as-of-right development opportunities can potentially actually increase land
by jvm 10y ago
> First group don't want new houses and dilute value of their property
Increasing as-of-right development opportunities can potentially actually increase land values. Definitely bad for condo owners though.
- sampo 10y ago> Definitely bad for condo owners though. Why? I would assume, as the area gets denser, more popular, more shops, more restaurants, that also condos go up in price?
- dragonwriter 10y agoIt increases land values, but more new development decreases the value of older improvements on land.