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Only if it's profitable. Not if you have regulation that increases the costs and arbitrarily caps the revenue.
by brazzy 6y ago
Only if it's profitable. Not if you have regulation that increases the costs and arbitrarily caps the revenue.
- Vinnl 6y agoSure. But given that housing prices were a lot lower before and that the prices of a lot of other things, among which labour, haven't risen to the same tune, I'd assume that building a house was profitable before and thus will still be profitable (though to a lesser extent) even if prices fall back to that level? (It would presumably mean that the houses that get build would become cheaper to build, i.e. fewer luxury housing with larger margins, but that's not what people are objecting too, rightfully so.)