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by spothedog1 1692 days ago
If a developer is stupid to overbuild, then let them take that risk and that loss. We don't have to zone away risk. As for money laundering, you're using an example of one Trump Tower out of millions of apartments buildings to say it's "more likely" that every apartment building built is just used for money laundering. That's just silly.

As for structural safety, no one is arguing to reduce building codes or safety regulations so that's just a straw man argument. If an apartment building is built unsafe then the government should have done a better job inspecting and enforcing/expanding their regulations, it's not really an argument to not build.

1 comments

i meant "more likely" than a developer who is stupid. There's lots of buildings that are built for cynical, non-market related reasons.