4 ms·
The great thing is that this is good for everyone. The value of the land will go up because its value can be realized and amortized across many units. The per
by outside1234 4y ago
The great thing is that this is good for everyone. The value of the land will go up because its value can be realized and amortized across many units. The per mile per capita cost of roads will go down because it is amortized across more people.
This is just good policy in action.
- bcrosby95 4y agoIt definitely has to happen, but thinking this is good for everyone is lying to yourself. If, for example, you live in an expensive second-rate suburb, a proliferation of affordable homes in first rate suburbs will eventually drive your home's value into the gutter.
- raldi 4y agoBad for people who want to buy single-family houses, because the price of land will go up and a bunch of the stock will be converted to apartments, bad for people who own apartment buildings because now they have competition, good for pretty much everyone else.