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> will continue most everywhere that has high land prices. There must be a feedback cycle and tipping point whereby once land prices, zoning and demographics c
by teruakohatu 5y ago
> will continue most everywhere that has high land prices.
There must be a feedback cycle and tipping point whereby once land prices, zoning and demographics create skyscrapers land price will only go up because suddenly land had a much lower impact than it did when it only housed modest buildings. Skyscrapers will then get taller to compensate. And the cycle continues.