3 ms·
One problem is that the marginal cost of adding another floor increases as you get taller and taller, because you need to install more infrastructure, like elev
by tomjakubowski 9y ago
One problem is that the marginal cost of adding another floor increases as you get taller and taller, because you need to install more infrastructure, like elevator shafts, in the building to support them. That also means less usable space per floor. Building taller, at least megatall, is hardly free.
http://voxeu.org/article/tall-buildings-and-land-values http://voxeu.org/article/tall-buildings-and-land-values
- Retric 9y agoSure, but you can look at the cost of an extra floor in terms of land costs. If a single family home costs an extra 900,000$ from land costs + some constant C, then stacking X of them is worth it until adding one more 1br home costs more than 900,000$ + C. Granted, there is a feedback loops and you need transportation infrastructure etc for taller buildings etc, still I think the market can happily build taller buildings than most expensive city's let them.