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Comment by cowsandmilk

> The instant you sign a mortgage it becomes in your economic best interest to limit the supply of housing.

Not always. Being able to flip a single family to a developer who is going to build multifamily is often the best return on your investment. The more confidence the developer has that their proposed building will be approved, the higher the price you can get for your lot.

parent cowsandmilk 8 years ago

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