WTF? If an house can be built for $12000, why are flats selling for $100k+ routinely?!?!? If it's just due to land value, then why not build ultra-tall skyscrapers to amortize it?
WTF? If an house can be built for $12000, why are flats selling for $100k+ routinely?!?!? If it's just due to land value, then why not build ultra-tall skyscrapers to amortize it?