← Back to context Comment by arrowleaf 2 days ago And if margins are decreased, then... (what happens to new supply?) 2 comments arrowleaf Reply Alpha3031 2 days ago The supply of land is inelastic. Property developers can't get more land by building more houses on it (and as a corollary, the eventual owner also do not get charged more in taxes). sapphicsnail 2 days ago They can make higher density buildings that generate more income and house more people on the same amount of land.
Alpha3031 2 days ago The supply of land is inelastic. Property developers can't get more land by building more houses on it (and as a corollary, the eventual owner also do not get charged more in taxes). sapphicsnail 2 days ago They can make higher density buildings that generate more income and house more people on the same amount of land.
sapphicsnail 2 days ago They can make higher density buildings that generate more income and house more people on the same amount of land.
The supply of land is inelastic. Property developers can't get more land by building more houses on it (and as a corollary, the eventual owner also do not get charged more in taxes).
They can make higher density buildings that generate more income and house more people on the same amount of land.