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A comment on Consultants, The real reason it costs so much to build new subways in America. Parent comment

Re:Consultants, The real reason it costs so much to build ne... by londons_explore on Monday February 27, 2023 @05:44AM (#34954960)
Landlords taxed too much for vacant properties would just knock the property down and keep the land. Then later, when they want to recoup their investment, they rebuild.

Most properties it isn't the building that is valuable, but the inner city land where one can build a building.

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Re:Consultants, The real reason it costs so much to build ne... by pydry on Monday February 27, 2023 @06:53AM (#34955362)
>Landlords taxed too much for vacant properties would just knock the property down and keep the land.

Unless that was what was taxed.

>Most properties it isn't the building that is valuable, but the inner city land

Precisely my point. If you slap taxes on land you increase the available supply.

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