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Cutting development costs does not cut housing prices, because prices are set by what buyers will pay and the saving is capitalised into land value.

Drawn from what Jonathan Hopkins said

housing

housing What a place to live costs and why: how much gets built, zoning, and who is blamed for the price.

A private bookmark. Not a position, and never counted.

What Jonathan Hopkins actually said

Word for word, with the source under each one. They did not write this page.

  1. Jonathan Hopkins

    Housing and development writer at Strong Towns

    As is the case with most businesses, suppliers in the housing industry generally set prices based on market conditions and what buyers or tenants are willing to pay, rather than on production costs.

Added to korrents 30 Jun 2026 · How quotes work · Something wrong? Tell us

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