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Its the land not the apartment which is expensive. Land, especially in cities, is finite. This makes it different to other mass produced products
by twelvechairs 10y ago
Its the land not the apartment which is expensive. Land, especially in cities, is finite. This makes it different to other mass produced products
- abecedarius 10y agoThe supply of apartments on the same land can vary by orders of magnitude according to how intensively the land is used.
- rahrahrah 10y agoSo build up. Here in London people don't build up, for some reason (I mean other than office spaces, obviously). I think it's this nefarious british mentality that old is good. So you never demolish any 2 story buildings, you just build more outwards. Then you complain that the prices are insane.
- james1071 10y agoThe main problem is the greenbelt.
- rahrahrah 10y agoSee, there we go again. Why is the problem the greenbelt? Between central London and the greenbelt there's a mind-blowing extension of small houses in every direction. There is A LOT that could be built before getting to the greenbelt. The greenbelt is only a problem if you want to continue building small houses.
- vidoc 10y agoReminds me of this excellent documentary I saw on those millionaires who dig down instead of building up in London :P https://www.youtube.com/watch?v=sLJ0zZQb9x0 https://www.youtube.com/watch?v=sLJ0zZQb9x0
- oftenwrong 10y agoIn San Francisco there is a lot of progress that can be made without building up. For example, building more Accessory Dwelling Units [1] and subdividing oversized streets [2]. [1] http://sf-planning.org/ACCESSORY-DWELLING-UNITS http://sf-planning.org/ACCESSORY-DWELLING-UNITS [2] http://narrowstreetssf.com/mcallister/ http://narrowstreetssf.com/mcallister/