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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]No it won’t. If you have a newly built house that can’t be torn down, your value immediately goes down if you have 16-20 people living next door to you. [/quote]

Why can't it be torn down?[/quote]

Really, you are this dumb? Because the house is worth almost 2 million dollars, not including the land…it literally makes no economic sense.[/quote]

If there's a new McMansion on a parcel where a builder can build an eight-plex, then most of the value of the parcel is in the land value, not the improvement value, and it likely would make economic sense to tear down the McMansion.[/quote]

It would not make economic sense to pay 2.5 million dollars for a tear down (McMansion). I am literally shocked, that I have to state this.[/quote]

Are you a builder? It would certainly make economic sense to pay $2.5 million for a new McMansion, if you could tear it down and build something worth considerably more than that on it.

And then there's the whole issue of how neighbors feel about living next to a new McMansion that replaced a smaller house that a builder tore down.[/quote]

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