No building will be renovated if it isn’t financially viable. I never said you can’t convert any building with infinite money. The 10-15% number is the actual relevant one for getting the conversions done in reality, not the fantasy world you seem to be living in.
They will be if it’s a governmental project, they won’t be if it’s handled by the private sector (as in, none of them will be, zero, niet, nada) and a large scale project like that shouldn’t be handled by the private sector as the goal is to create affordable living spaces.
No building will be renovated if it isn’t financially viable. I never said you can’t convert any building with infinite money. The 10-15% number is the actual relevant one for getting the conversions done in reality, not the fantasy world you seem to be living in.
They will be if it’s a governmental project, they won’t be if it’s handled by the private sector (as in, none of them will be, zero, niet, nada) and a large scale project like that shouldn’t be handled by the private sector as the goal is to create affordable living spaces.