> delivering a lot of single family homes [...] and a few fancy high-rises
Yes, because it turns out that local zoning and permitting in most major US cities makes everything else nonprofitable. Construction companies will build what is effective to build.
Change those local rules, as in the article, and suddenly lots of companies rush in to build that middle-density housing as soon as they can actually make any money doing so.
Yes, because it turns out that local zoning and permitting in most major US cities makes everything else nonprofitable. Construction companies will build what is effective to build.
Change those local rules, as in the article, and suddenly lots of companies rush in to build that middle-density housing as soon as they can actually make any money doing so.