It’s possible to build nice apartments that have a good amount of space to live in. But that’s not as profitable per sq ft for the property management companies that have been buying up all the land.
There’s also some minor regulatory reforms that are probably needed to allow a little more flexibility in building design, specifically around the required number/type/location of stairwells. But we have to be careful about that one because we don’t want to make death traps.
Huh so you’re telling me most people want nothing to do with living in crammed apartment buildings?
Wow shocked pikachu face.
It’s possible to build nice apartments that have a good amount of space to live in. But that’s not as profitable per sq ft for the property management companies that have been buying up all the land.
There’s also some minor regulatory reforms that are probably needed to allow a little more flexibility in building design, specifically around the required number/type/location of stairwells. But we have to be careful about that one because we don’t want to make death traps.