Why high rises tend not to produce affordable housing http://greatergreaterwashington.org/post/27996/most-of-dcs-new-housing-is-in-high-rises-which-most-people-cant-afford-to-live-in/ …pic.twitter.com/RCYxyr133e
Partner at @initialized. Previously @techcrunch. When life hands me lemons, I make tarte au citron.
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Why high rises tend not to produce affordable housing http://greatergreaterwashington.org/post/27996/most-of-dcs-new-housing-is-in-high-rises-which-most-people-cant-afford-to-live-in/ …pic.twitter.com/RCYxyr133e
Cost rises non linearly /floor. We waste much capital on outsized development b/c sites are held ransom/vacant.
@NickTimiraos @kimmaicutler
Worsened by fact that those who can most afford such waste are the same people at least indirectly taking ransom
@NickTimiraos @kimmaicutler
An example of vacant lots & 100 year old shacks surrounding an unaffordable towering nail.@NickTimiraos @kimmaicutlerpic.twitter.com/T0kBspbpiv
@kimmaicutler @iddqkfa @NickTimiraos 306 W. 48th
@Dr_Memory @kimmaicutler @iddqkfa @NickTimiraos that ignores economies of scale though, there are a lot of subtleties
@markasaurus @Dr_Memory @iddqkfa @NickTimiraos how so?
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