4 ms·
contractors can afford to build more apartments/units if NIMBYs and zoning power (to prevent dense housing) are reduced. They can sell more units per square met
by stjohnswarts 4y ago
contractors can afford to build more apartments/units if NIMBYs and zoning power (to prevent dense housing) are reduced. They can sell more units per square meter of land.
- seanmcdirmid 4y agoContractors can afford to build housing when their is demand and profit involved. They didn’t stop building after 2008 because of zoning, they stopped building because demand fell off a cliff. Once demand recovered, the industry was depleted of talent and capital to get started very quickly, zoning had very little to do with it.