I'd rather have 1,400 sq ft on the 10th floor than a 600 sq ft 1BR in a tenement. Is that not normal?
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The 1,400 3BR is the steak in this analogy, right? Otherwise I'm confused.
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yes, ofc--it just seemed like you were comparing two options that are wildly different in price
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Not if you hold the price of land constant and allow unlimited height.
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if you allow unlimited height the price of land is not gonna stay constant
End of conversation
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