3 ms·

It's hardly a free market - it would certainly be more profitable to build a midrise with 20+ less expensive units rather than one expensive unit on a given lot

It's hardly a free market - it would certainly be more profitable to build a midrise with 20+ less expensive units rather than one expensive unit on a given lot - but zoning restrictions mean it can't happen.

troupe 3y ago
"More profitable" would include the cost of getting the zoning changed.
Symmetry 3y ago
Generally any neighborhood meeting will also have people providing input that more units will cause more traffic so could the developer please create fewer, more expensive units?