> Their cost do not play any role in what they are charging. This statement is absurd. By your logic they could charge $20,000/sf but aren’t because of… restra

> Their cost do not play any role in what they are charging. This statement is absurd. By your logic they could charge $20,000/sf but aren’t because of… restraint? No, turns out there are market forces in real estate just like every industry and the more profit there is, the more competitors turn out to play, driving the profit down to a market level.