4 ms·
The land is a fixed cost regardless of what you build on it, so higher return structures will win out even if the margins in the structures themselves are the s
by enragedcacti 4y ago
The land is a fixed cost regardless of what you build on it, so higher return structures will win out even if the margins in the structures themselves are the same. Also fewer jobs to manage, fewer customers to sell to, simpler sewage, water, gas, electrical to deal with.
- nine_k 4y agoIt almost sounds like building one multi-tenant city building is more efficient than twenty single-family suburb homes.
- drekk 4y agoCorrect, although many municipalities (like Boulder, CO) have ridiculous zoning laws such that you can't make multi-story apartment complexes. So the choice for developers is just single family suburbia
- UtopiaPunk 4y agoSingle family zoning has become the norm in most of the United States. It's so broken. Even simple duplexes or quad-plexes are not allowed in most single-family zones. Homeowners benefit because it drives up the prices of homes, which has become one of the most important financial investment tools to normal people in this country.