Re:Why is rent skyrocketing?
by wincy on Tuesday August 23, 2022 @02:38PM
(#32569233)
I mean sure, but we’re nowhere near capacity in most places.
Say I could ignore zoning laws and had a billion dollars to blow, I could just buy up a bunch of the $1.2 million 1200 square foot single family homes in San Francisco, bulldoze them and roll out a bunch of 10 story apartment buildings and I’d make an astonishing amount of money.
Say I could ignore zoning laws and had a billion dollars to blow, I could just buy up a bunch of the $1.2 million 1200 square foot single family homes in San Francisco, bulldoze them and roll out a bunch of 10 story apartment buildings and I’d make an astonishing amount of money.