Re:California's future depends on how leaders rebuild after ...
by whimsicalism on Thursday January 16, 2025 @12:43PM
(#42728370)
building up gets you more square feet and is almost certainly going to be the profit maximizing approach delta regulation in an environment like this
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Re:California's future depends on how leaders rebuild after ...
by bilbo0s on Thursday January 16, 2025 @12:52PM
(#42728483)
Sure.
And that’s where luxury condos and apartments come in.
There is no scenario where building for less than luxury returns makes sense in these areas. Renting a set square footage for 1500 makes no sense when I can rent the same square footage for 3200.
And that’s at the bottom end.
Re:California's future depends on how leaders rebuild after ...
by whimsicalism on Thursday January 16, 2025 @02:18PM
(#42729634)
i find the word 'luxury' not very useful in these discussions. they wouldn't be luxury compared to a SFH in the same area, they would be lowering price.
> Renting a set square footage for 1500 makes no sense when I can rent the same square footage for 3200.
uhhh, except for location?