3 ms·
Build more units: That's impossible if not initiated by someone actually interested in providing more apartments. * urban planning and approval costs a lot *
by mathverse 5y ago
Build more units:
That's impossible if not initiated by someone actually interested in providing more apartments.
* urban planning and approval costs a lot
* raw materials reached all time high
* labor costs are very high even if we subcontract to Eastern Europe
You cant wish building more units into existence the same way you cant implement rent control.
Decentralization and not requiring people to work/live in areas with huge demand for housing is just the first step alleviate some of this pain.
- fallingknife 5y ago> You cant wish building more units into existence You really can, though. Just remove building restrictions and new units will "magically" start appearing anywhere that market rent exceeds building costs.