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Quite the opposite, it would promote new high density building construction, because the incentive is to maximize utilization to spread the costs. For instance
by djrobstep 7y ago
Quite the opposite, it would promote new high density building construction, because the incentive is to maximize utilization to spread the costs.
For instance, owners of a single family home on a given piece of land would pay five times as much as 5 apartments on that land, because each apartment would only pay 20% each.