@kimmaicutler Not entirely true. Much of the costs of development regs come out of land value. @JspiderSF @ClayShentrup @tmccormick @SFyimby
@JspiderSF @ClayShentrup @tmccormick @SFyimby developers make their 15-20 percent no matter what, cost of inclusionary passed to buyers
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@kimmaicutler Imagine a plot of land with a development value of $1M. Now a new rule says developer must provide $200k of free housing there - 3 more replies
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