[WalterBright]

That is not what I wrote. I said the prices with the tower would be lower than prices without the tower, which is not the same as saying prices would decline.

I.e. relative vs absolute.

[MrAlex94]

https://content.knightfrank.com/research/478/documents/en/20...

This research shows that there’s an average of 1.5% price increase per floor. Care to share a counter-claim source?

[WalterBright]

Increasing the supply of something simply does not cause price increases. If the price increases, it's because demand is increasing even faster than supply.

[MrAlex94]

At this point there’s no way you aren’t pulling my leg. The research paper showed that increasing the amount of floors increases the price per floor. Are you saying that these towers control demand? So if they lower the amount of floors then suddenly demand is going down because they are cheaper?

Also I do hope you know the context of my posts relate to the UK market?

[CalRobert]

People like living high above traffic. There's a reason penthouse apartments are at the top.

[MrAlex94]

Bar the main roads, there’s not a lot of traffic down residential streets in London.