Re:How Has San Francisco Run Out of Money for Affordable Hou...
by subhobroto on Monday November 12, 2018 @03:50PM
(#18435640)
Yup!
A savvy developer has no reason to use higher quality, longer lasting materials. The price of the house goes up and that affects how long the house will be on the market, which affects the developer's cashflow.
The owner who will be living in it for decades to come might have a higher stake in doing that
A savvy developer has no reason to use higher quality, longer lasting materials. The price of the house goes up and that affects how long the house will be on the market, which affects the developer's cashflow.
The owner who will be living in it for decades to come might have a higher stake in doing that