2 ms·
Why isn’t it feasible?
by twobitshifter 3y ago
Why isn’t it feasible?
- toomuchtodo 3y agoUsually either zoning (legit zoning concerns, not NIMBY) or actual land constraints, but there can be other factors. My experience was trying to find a buildable lot years ago during COVID in Asheville, NC, and there just isn't much buildable land left (in the opinion of multiple builders and surveyors I spoke with, and I was willing to consider exotic building techniques to accommodate suboptimal lots, real "side of the mountain" sort of stuff). In some circumstances, I was told I could build but it would be uninsurable and to proceed at my own peril. If your beach town is only so many sq miles/km and you can only build so high, that is your limit. How much could you build in say, St Pete Beach, which is only 2.2 square miles of land. Now, I am incredibly mindful this does not apply everywhere, and "buildable land" has a lot of nuance, but supply is not infinite and it is important to note that if you cannot encourage more supply (for whatever reason) you are left to twiddle the demand side of the equation. https://en.wikipedia.org/wiki/St._Pete_Beach,_Florida https://en.wikipedia.org/wiki/St._Pete_Beach,_Florida