3 ms·
I sincerely doubt that building towers lead to an increase in costs in the existing housing stock, unless something very strange is afoot.
by xvedejas 6y ago
I sincerely doubt that building towers lead to an increase in costs in the existing housing stock, unless something very strange is afoot.
- mpg33 6y agoCost of building a tower is much more than something like rowhouses, multiplexes. Cities like Toronto and Vancouver bypass the "missing middle". So it's mostly single family homes with various "tower node districts".
- xvedejas 6y agoYes, towers are expensive, but building them doesn't make the existing SFHs more expensive. Maybe tower building and rising home prices both coincide with certain economic trends, post hoc ergo propter hoc.