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
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@CapitalNotLand @iddqkfa driven by a mix of both. Availability of supply as well.
@kimmaicutler @iddqkfa Have many of your friends in SF built homes? Are the planning restrictions holding them back? Or is the land price?
@kimmaicutler @iddqkfa I agree in increase in housing stock should decrease building component of rent, but not the larger land component.
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