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Doesn't this hurt their property values though? Now anyone that wants to do a tear down needs to pay to add solar. If the buyer must pay more to build, they log
by usaar333 8y ago
Doesn't this hurt their property values though? Now anyone that wants to do a tear down needs to pay to add solar. If the buyer must pay more to build, they logically will be willing to pay less for land.
- phamilton 8y ago> they logically will be willing to pay less for land Only when there's restricted demand. Because we're in a restricted supply market, pricing is mostly established in based on alternatives. If every property tear down has the same additional cost, then it's probably not going to affect the price.
- Broken_Hippo 8y agoOr look into other options, such as building taller or re-furbishing and expanding the existing building to meet their needs instead of tearing it down to rebuild.