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Raising land values does in fact produce taller buildings. HIgh land value means land is either scarce or very attractive. With high land value it makes more se
by Sargos 10y ago
Raising land values does in fact produce taller buildings. HIgh land value means land is either scarce or very attractive. With high land value it makes more sense to make a two story building on one plot of land rather than a one story building on two plots of land. That's even in the face of NIMBY neighbors since builders must deal with that no matter what.