This is 100% true up until demand is met, then it will stabilize. Currently though, the more you can utilize land the more it is worth. Single families can co

This is 100% true up until demand is met, then it will stabilize. Currently though, the more you can utilize land the more it is worth. Single families can compete against 2 families for the land, it is a lot harder when you can fit 10 units on the same property.