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Old Posted Aug 21, 2020, 9:28 PM
rofina rofina is offline
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Join Date: Nov 2013
Posts: 5,149
I'm not naive; I realize getting rid of $300 a foot CAC's doesn't mean the developer passes on $300 a foot discount to buyer. My issue is with the fact these ever existed to begin with and ergo guarantee hundredths of thousands of costs per unit before a project is even a twinkle in the eye of a developer.

Changing City - its most certainly not my narrative that high rise development would achieve affordability, its been the explicit message pushed in this region for two decades now. Both on discussion forums like this, and in public. This message was pushed by developers, by politicians, by experts, etc.

In fact, its always been a silly notion that created implied consent from the public to densify areas of the City without presenting a clear understanding of what its doing to housing costs and land values.
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