> Now that SB9 is in effect, shouldn't the ability to split a lot and build on it be priced in to the price of the original lot?
Once the market has a consensus.on what the change is, sure; it's fairly speculative what it will be, though; it's not like homes are a fixed price per housing unit and, because who can afford to live nearby also affects value in a positive feedback way (because people pay a premium to not live near poorer people), the relation is not simple or easily predictable.
Once the market has a consensus.on what the change is, sure; it's fairly speculative what it will be, though; it's not like homes are a fixed price per housing unit and, because who can afford to live nearby also affects value in a positive feedback way (because people pay a premium to not live near poorer people), the relation is not simple or easily predictable.