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by aidenn0
3204 days ago
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California state law means that commercial real estate is absurdly more profitable than municipalities then residential. Why would you ever approve a permit for an apartment building, when a much more taxable office building could go on a lot? There are dozens of non cooperating municipalities in the area, and none of them have incentive to allow high-density residential development, because it will just increase demand for office buildings in the neighboring municipalities. |
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