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Housing was affordable because it could still be built.
by dantheman 6y ago
Housing was affordable because it could still be built.
- randmeerkat 6y agoMaybe, developers could still build high density housing though. From what I’ve been told, developers prefer McMansions because of the profit margins.
- toyg 6y agoThat’s an equation with a bunch of factors. As soon as average land costs go over a certain threshold and apartment living is normalized, it becomes much more profitable to build up several units over the same plot of land.
- deleted 6y ago[deleted]