5 ms·

I'm impressed Berkeley went to all the trouble of designing, approving and erecting an entire dormitory without ever seeing the point - or maybe while trying no

• gt_ 8y ago
  That’s how this works. Wealthy people don’t develop out of kindness. They do it to profit.
  • TomMarius 8y ago
    Of course, how else would they feed their families and why would they put their capital at risk if there is no possible profit? The question you should be asking is "why is the regulator slowing down the housing market?" - because the profit margin would be much lower if they weren't, as more competition would be allowed to grow and it's a well-known fact that competition leads to better services for lower prices.
    • deleted 8y ago
      [deleted]
  • rustcharm 8y ago
    If the government didn't stand in the way, these 'wealthy' people you hate so much would have built a lot of housing.