Big Cities are Running Out of Space

May 22, 2017 Seth Welborn

Cities are starting to run out of space. Especially space-constrained cities like New York have started to run out of room for builders, leading them to move to city-center areas where high-density building is allowed, and charging much higher prices for it. Builders are focusin more on high end apartments with better profit margins, leaving only the wealthiest residents as the ones who can buy.

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