05-09-2018, 05:14 PM
(05-09-2018, 03:41 PM)Viewfromthe42 Wrote: By building as 5 bedroom, they were able to both avoid fees and maximize density that was all based on units, not bedrooms. Now they can change things up to grandfather in those aspects, while becoming more marketable. A bit more work than the 1 bedrooms we've seen with a den that is clearly meant (and occasionally errantly labeled) as a 2nd bedroom.
Indeed. Don’t forget that real estate is a business which is massively affected by regulation. Some of that regulation is a good thing, but a depressingly large fraction of it is just a bunch of arbitrary rules whose most positive effect is to increase employment in the planning department. The rules that led to all those 5-bedroom apartments are definitely in the “arbitrary” category; I doubt very much that any substantial fraction of people actually prefer such a large number of bedrooms.