Real estate developers make 15-20% returns over life of project. Property owners made 3-4X that return in last 5 yrshttps://twitter.com/sanfranmag/status/692080495153143808 …
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Replying to @kimmaicutler
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@kimmaicutler condos ~$350/SF to build. +$100 for city services & sales. Prices above $450/SF are cost of politics and pure landlord profit3 replies 0 retweets 0 likes -
Replying to @berkowitz_josh
@berkowitz_josh and the land owner doesn't necessarily *do* anything.1 reply 0 retweets 2 likes -
Replying to @berkowitz_josh
@berkowitz_josh so does the developer.
7:28 PM - 26 Jan 2016
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