Comment by MattRix
2 hours ago
No, he was not saying that was his goal! That's what everyone seems to misunderstand about this quote.
It's like a highrise developer saying "people think our buildings take up a lot of land, but actually houses are much worse from a land use perspective". Which is objectively true, and yet does not mean the developer thinks the entire world should be turned into houses, or even that they dislike houses!
Except he was the developer who signed a deal with land owners to buy 40% of the land with the intention of building houses to rent and caused condo prices to 5x.