Houston is built on a swamp so you can’t really dig a lot without dealing with humidity, water, etc. Multilevel means investment and debt. It can take many years to break even. You can make $25/hr per space and quickly make profit and sell in 10 years for 10 times what you paid for. There are multi level parking though.
![[image] Space used for cars in downtown Houston](https://lemmy.world/pictrs/image/286b939e-c999-49a4-9173-4eab5e4d3779.jpeg){kind=link}
Houston is built on a swamp so you can’t really dig a lot without dealing with humidity, water, etc. Multilevel means investment and debt. It can take many years to break even. You can make $25/hr per space and quickly make profit and sell in 10 years for 10 times what you paid for. There are multi level parking though.
Basically, it’s greed.
It’s always greed…