Re:Rent control isn’t working in Sweden
by michaelmrose on Thursday August 26, 2021 @03:23PM
(#28319380)
It might be worth considering both whether under supply factors into that cost and size of unit. Developers may not reasonable choose to build small units that may be quite sufficient for people's needs while coming in cheaper than the stated figure.
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The $500k figure is the cost the local housing agency spends building units sized based on actual need and with optimizing cost part of the focus. Private developers around here regularly create housing costing anywhere from $700k to $2 million per unit