I think the free market relies on the selfishness of developers... Which we then purposefully interrupt with excessive zoning and requirements. I iknow this is a simple argument that's been made plenty of times, but this tweet is the same as my opinion on this:
https://twitter.com/patio11/status/939581079328919552
There should be only so much demand for luxury condos, but since there is no supply of low and medium housing, only luxury condos find customers. Any fees we extract from developers will just be extracted from all of us in the end.
https://twitter.com/patio11/status/939581079328919552
There should be only so much demand for luxury condos, but since there is no supply of low and medium housing, only luxury condos find customers. Any fees we extract from developers will just be extracted from all of us in the end.