Private contractors also prefer building single family homes because they get paid way more to do 50 individual houses than put up an apartment that houses 50.
We aren’t here because people are stupid. We are here because this is where all the incentives align.
Sure, absolutely. That’s also why you see “luxury” developments popping up everywhere; they can make cosmetically nicer houses that have a higher profit margin, while not spending significantly more than a more modest house.
But, again, this is why you need zoning to restrict sprawl.
Private contractors also prefer building single family homes because they get paid way more to do 50 individual houses than put up an apartment that houses 50.
We aren’t here because people are stupid. We are here because this is where all the incentives align.
Sure, absolutely. That’s also why you see “luxury” developments popping up everywhere; they can make cosmetically nicer houses that have a higher profit margin, while not spending significantly more than a more modest house.
But, again, this is why you need zoning to restrict sprawl.