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Generally that isn’t how it works. More density usually doesn’t come close to satisfying actual demand, but it does make the existing real estate more valuable
by zepto 6y ago
Generally that isn’t how it works.
More density usually doesn’t come close to satisfying actual demand, but it does make the existing real estate more valuable.
- imtringued 6y agoIt doesn't get close because of the size of the problem. If 85% of real estate is single family housing then how is a 1% increase in density supposed to solve the problem? > but it does make the existing real estate more valuable. No it doesn't. Existing real estate is valuable because there is a mismatch between commercial and residential real estate. By building more residential real estate you are reducing the mismatch.