3 ms·
Land is finite, but housing is basically infinite. If I can get 2 houses to fit on the same piece of land, I would be willing to tolerate a 30% discount per hou
by cuteboy19 4y ago
Land is finite, but housing is basically infinite. If I can get 2 houses to fit on the same piece of land, I would be willing to tolerate a 30% discount per house and still be up on my investment. It's a win win. Cheaper houses for the buyers and more profit for me
So clearly, the problem cannot simply be that housing is an asset.