Editing Skyscraper (section)

==Economic rationale==
[[File:HongKong_view_from_Victoria_Peak.jpg|thumb|200x200px|Hong Kong's high land prices and geographic limitations justify the construction of skyscrapers<ref>{{Cite magazine|title=Dizzying Pics of Hong Kong's Massive High-Rise Neighborhoods|language=en-US|magazine=Wired|url=https://www.wired.com/2013/08/unbelievable-photographs-of-hong-kongs-crazy-high-rises/|access-date=8 July 2021|issn=1059-1028}}</ref>]]
Skyscrapers are usually situated in [[city centre]]s where the price of land is high. Constructing a skyscraper becomes justified if the price of land is so high that it makes [[economics|economic]] sense to build upward as to minimize the cost of the land per the total floor area of a building. Thus the construction of skyscrapers is dictated by economics and results in skyscrapers in a certain part of a large city unless a [[building code]] restricts the height of buildings.

Skyscrapers are rarely seen in small cities and they are characteristic of large cities, because of the critical importance of high land prices for the construction of skyscrapers. Usually only office, commercial and hotel users can afford the rents in the city center and thus most tenants of skyscrapers are of these classes.

Today, skyscrapers are an increasingly common sight where land is expensive, as in the centres of big cities, because they provide such a high ratio of rentable floor space per unit area of land.

Another disadvantage of very high skyscrapers is the loss of usable floorspace, as many elevator shafts are needed to enable performant vertical travelling. This led to the introduction of express lifts and [[sky lobby|sky lobbie]]s where transfer to slower distribution lifts can be done.