"The rest profit handsomely from increased home prices due to high demand."
The irony is, they would probably profit even more, if they allowed the city to grow naturally. New York City had a population of 800k (like San Francisco has now) some time in the 1850's. Do you think a piece of land in NYC would be more valuable now, if they had decided to stop the city's population to 800k back then?
The irony is, they would probably profit even more, if they allowed the city to grow naturally. New York City had a population of 800k (like San Francisco has now) some time in the 1850's. Do you think a piece of land in NYC would be more valuable now, if they had decided to stop the city's population to 800k back then?