3 ms·
housing isn't affordable in manhattan either so
by ruined 6y ago
housing isn't affordable in manhattan either so
- jedberg 6y agoBecause building up isn't actually any cheaper. As the building gets taller, the construction costs go up per sq foot, not down, and so does ongoing maintenance.
- smabie 6y agoI mean, you build a building as tall as necessary to maximize the total return of selling or renting. Saying that it costs more per sq ft to build each additional story is kind of missing the point.