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It took me a moment to figure out why your comment didn't read right, then it clicked. You are wondering if building more towers would be a solution for people
by ToothlessJake 13y ago
It took me a moment to figure out why your comment didn't read right, then it clicked.
You are wondering if building more towers would be a solution for people, due to high housing costs, occupying a tower that never finished construction.
- ChuckMcM 13y agoSorry yes, there are two economic outcomes, one being an unproductive asset (the abandoned building, and although one of the tenants mentioned paying 'rent' it was entirely unclear who was collecting the rent and by what right other than perhaps force majeur) and the other being housing built which is economically viable to rent 'legally' and thus providing some GDP in the city. Creating affordable housing allows the capture of that economic activity which can be used to enhance and support public services supporting people using it.