this post was submitted on 13 Sep 2023
630 points (86.7% liked)
Memes
45746 readers
1564 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
No problem with builders making money.
Why don't I just erect an estate? Land is too expensive here, not the buildings. Very hard to make new land.
Land is expensive where many people live. There is enough land available in Alaska for estates
Not everybody can live in an estate and expect low travel time into the city center.
If you want to create new housing in a city, you have to share land. In other words, you have to build high-risers.
They want a million dollars (AUD) for 1000m2 of farmland where I am, 1 hour commute to the nearest city
It's on a flood plane
It's advertised to people to use as "land banking" on the off chance that it might get rezoned in the next 20 years.