6 ms·
Are you assuming that a home was knocked down to build the mansion? Otherwise you’re arguing that x + 1 == x.
by jamestimmins 4y ago
Are you assuming that a home was knocked down to build the mansion?
Otherwise you’re arguing that x + 1 == x.
- function_seven 4y agoI can't wrap my head around this thinking. (Not you. Parent.) A friend of mine just bought a brand new BMW. He's going to sell his old Nissan. Whomever buys that Nissan will be buying their first car, or selling their old car. The market is interconnected and conditions at one end of it absolutely affect the other end. Just look at the price of used cars last year when the new car stock was strangled. Imagine if, before that happened, someone was arguing that "making a luxury car doesn't increase the supply of cars"
- r00fus 4y agoNo, the question isn't whether a single large home increases supply. It does - by one house. "Housing Project" is really looking for a larger impact to the market than one home, usually 8+ likely dozens of homes. A single house is just a house, not a "housing project". Thus, they shouldn't get beneficial tax breaks to build it.
- zbrozek 4y agoThough there were no tax breaks being discussed regarding the case, but rather just the permission to build at all.