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Re:The end of the housing supply debate (maybe) by AnimalMuppet on Thursday November 09, 2017 @07:23PM (#15666962)
Is it? Assume that land is expensive. If I build up, I can create a lot more units for the same land cost (at the probable price of higher building cost per unit). For some land price, there's probably an optimal height to build to that decreases total cost per unit.
Re:The end of the housing supply debate (maybe) by sliverstorm on Thursday November 09, 2017 @10:58PM (#15667842)
Well, it really depends on where. When much of Silicon Valley was built, I believe land was not really that expensive, and that continues to be the case in many parts of the country.