Why would I want this added expense as a building owner?

If I was a building owner I would much rather own land and buildings in an iconic world city than just another city….(or worse just a small suburban center.There is large a cost of being boring too.)

Also there may well be a number of building owners that get paid insurance for more expensive buildings (high-rise) than the it costs to build the low-rise replacements so they will have some extra cash to do something more interesting.

Posted in: Economics/Cost

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