If you are developer, the things that matter

If you are developer, the things that matter are: 1) financing costs, 2) land costs, 3) construction costs) 4) regulatory costs, and 5) time. 1, 2 and 3 aren't generally in the local remit. 4 absolutely is--regulatory costs (height limits, setbacks, parking requirements, tree coverage) are. Time somewhat is (public process, design review). Right now, land costs too much, because landowners are still pricing it as if we still enjoyed the near zero interest rates of 2020.