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by BobaFloutist
965 days ago
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If you convert 10 single-family-homes worth a million dollars each into a skyscraper with a thousand units there's plenty of room for profit, even if the thousand units are cheaper than the current median cost for a condo (or rental). Cities have been writing laws and zoning that prevent economies of scale from kicking in for decades. If they just stop doing that, we'll get more housing. |
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