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Different people have different tastes. The high price of dense areas in the US shows a demand that is currently impossible to meet due to zoning.
by Steltek 4y ago
Different people have different tastes. The high price of dense areas in the US shows a demand that is currently impossible to meet due to zoning.
- giantg2 4y agoEh, everybody wants to blame zoning. Yet that ignores the preferences of the population - many people want single family homes with a yard. You can build a bunch of condos and apartments, but it'll will only help until you hit a certain percentage. Nobody wants to build a ton of apartments if their competitors can too, as it would drive down the cost. Even then you run into the preference problem - people want to buy eventually. So yeah, changing zoning can help, but land, especially with specific geographic areas, is still a finite resource in high demand.