4 ms·
...how on earth do you argue that building more increases rent and sound even vaguely plausible?
by tsukikage 8y ago
...how on earth do you argue that building more increases rent and sound even vaguely plausible?
- fossuser 8y agoI’m not sure how, but people do (this was my response in a thread from a while back): https://twitter.com/zachalberico/status/1056645172283420672?s=21 https://twitter.com/zachalberico/status/1056645172283420672?...
- imtringued 8y agoHigher land prices mean it is only profitable to build luxury apartments and therefore new construction is more expensive than the average. However what people seem to forget is that each unit of housing means more people can live in the area and eventually the luxury apartments will become average apartments in 30 years.