kcantor
Senior Member
I think you have that backwards...Opening up more land (supply) will weaken prices vs constraining land makes it more valuable for higher densities. One of the reasons we see less brownfield midrises is because we allow so many greenfield ones. Adding even more infill areas certainly won’t help.
Opening up more land (supply" will weaken land prices which in turn will make the project on it more profitable. Constraining land may make it more expensive but that makes it less valuable, not more, from a development perspective.
I think you may be mistaking a lack of finished product (which does make development more viable as it will increase selling prices) with a lack of an input component which will make the development less viable as it shrinks margins.




