[JohnCClarke]

Thing is: people are correct.

Central London monthly rent for a 3-bed house is around £3500, but a 1-bed flat rents for £2100. So split the house into two flats and the landlord makes more money.

Hence relaxing zoning restrictions will push prices up.

[lokar]

None of these models work at such a small scale. The economics are regional. It’s likely that highly desirable locations like central London and manhattan will always be expensive. That’s fine.