corrupt markets resulting from restricted/scarce housing supply
Housing has a hard limit as there is only so much ground available in desirable locations. Building houses also needs resources and labor and takes a while.
We can go pretty high, but 3-5 stories has easier construction, and doesn’t need expensive elevator system. 4th and 5th floor without an elevator advantages young people, but reduced rent still can be profitable vs stopping at 3 stories.
Housing has a hard limit as there is only so much ground available in desirable locations. Building houses also needs resources and labor and takes a while.
We can go pretty high, but 3-5 stories has easier construction, and doesn’t need expensive elevator system. 4th and 5th floor without an elevator advantages young people, but reduced rent still can be profitable vs stopping at 3 stories.