Quote:
Originally Posted by someone123
The skyscrapers over 300 m are mostly built for novelty or vanity, not because they are efficient or because there is sufficient demand.
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That's not really true .
Price per square foot/meter is a function of demand . When the price goes high enough , people start putting up buildings . It doesn't really matter how tall a building is from the developer's perspective if the market can supply the customers and the customers can afford the rent . It's pretty much that simple . There are also plenty of sufficiently large companies in need of hundreds of thousands of square feet of space all in one location . For them , getting into one building large enough to accommodate the entire head office is more important than a moderately inflated rent . Plenty of companies want it all in one place and don't really care that much the cost of the facility (rented or owned) For them that kind of cash is always going to be small potatoes (think Bow)