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And yet, let's take a look at the market. A one-bedroom Manhattan condo costs more than twice what a two-story house almost anywhere else does. There's no lac
by dspeyer 14y ago
And yet, let's take a look at the market. A one-bedroom Manhattan condo costs more than twice what a two-story house almost anywhere else does. There's no lack of demand.
Building more housing in a city is hard. You have to buy out all units in the existing building, and the current residents may be quite reluctant. And actually extending a city is even harder.