3 ms·
And what is your take on when Minneapolis voted to allow multi-family units[0] and rents dropped[1] relative to other cities? Shouldn't those new units have bro
by ItsMonkk 3y ago
And what is your take on when Minneapolis voted to allow multi-family units[0] and rents dropped[1] relative to other cities? Shouldn't those new units have brought higher land values, and with it higher rents?
[0]: https://archive.ph/7oCO6 https://archive.ph/7oCO6
[1]: https://archive.ph/lO8xY https://archive.ph/lO8xY
- s1artibartfast 3y agorents =/= land value. you can put a duplex or quad-plex on a parcel and have much lower rent, but higher parcel land value. If you are a homeowner who wants lower land value tax, you should fight tooth and nail to prevent higher density zoning,
- eru 3y agoYou would want higher density zoning in all the other neighbourhoods across town, I guess?