Quote:
Originally Posted by Migrant_Coconut
Congrats. The developers have now saved $20 per square foot, and will pocket the difference because they still charge market rate.
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The classic fallback nothing-better-to-say argument.
Let's just ignore that more projects become viable.
Let's just ignore that developers have room to pay construction workers more to incentivize construction labour.
Let's just ignore that housing can be built faster.
Let's just ignore that construction workers can move on to other projects faster.
Let's just ignore that the market value of a home with fewer features is lower.
Let's just ignore that $20 per square foot is $30000 for a 1500sqft duplex unit.
Yeah, no, greedy developers will always just pocket the difference because no policy can ever be effective. Ridiculous.
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