Re:Ask HN: W2018 invites sent. Who got in and what are you m...
by yurylifshits on Wednesday October 25, 2017 @02:47PM
(#15552968)
Land + wait time for permits + risk (need to compensate for declined projects) + permitting fees + inclusionary requirements + materials + labor
Governments action can put downward pressure on all elements except materials. Land (increase supply of zoned capacity) and permitting are the low hanging fruit. Labor reforms will take much longer.
My basic gut feeling is that if we can't make housing cheaply we are never going to have enough in a city going through a boom.