4 ms·
> It is really too bad that zoning and the construction of the towers prevents them from being transformed into housing, be it affordable/subsidized or not. Ye
by SQueeeeeL 4y ago
> It is really too bad that zoning and the construction of the towers prevents them from being transformed into housing, be it affordable/subsidized or not.
Yeah, America is actually crazy with it's zoning. It's interesting to think how different and more healthily laid out the country would be if zoning didn't constrain every single building. But pretty soon all real estate will be owned by BlackRock and Berkshire Hathaway, so who knows what the future of land use and ownership is going to be like.
- bamboozled 4y agoBut pretty soon all real estate will be owned by BlackRock and Berkshire Hathaway, so who knows what the future of land use and ownership is going to be like. What ?
- SQueeeeeL 4y agoA lot of land in America is slowly being concentrated into the portfolios of large multinational corporations. And unlike more traditional entities, these corporations have no reason to sell except total bankruptcy.