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Notice how the thrust of your comment "Even dense construction doesn't fix the demand problem" is at odds with the claim in pbreit's comment: > Plus, in your f

Notice how the thrust of your comment "Even dense construction doesn't fix the demand problem" is at odds with the claim in pbreit's comment: > Plus, in your fantasyland, demand would plummet. Who would want to live there? I assumed that pbriet was making a claim that went something like "Cities that are packed with skyscrapers are barren hellscapes that noone wishes to live in.". To address that claim, I provided my subjective opinion of a section of San Francisco that is packed with skyscrapers, and reported what appears to be the community reaction to a new high-density high-rise apartment building in SoMA.

teacup50 11y ago
It's not in conflict; the "fantasyland" of 10M new apartments would house the entire existing population of all boroughs of NYC, and almost that of Tokyo. Meanwhile, those cities have high density (but nothing as ridiculous as +10M apartment archeologies) and haven't solved the problem.
- simoncion 11y ago
  If the stats in WildUtah's comment are to be believed -and his anecdotes mesh with my understanding of how zoning works in JP-, then Tokyo has pretty well solved the "response to housing demand" issue. Housing prices in cities are going to be more expensive than housing prices in the countryside. They shouldn't be so expensive that they exclude families and middle-to-lower-income households.
  - teacup50 11y ago
    "The trend has already hit Sydney, Vancouver and the U.S. Now it’s happening in Japan: busloads of real estate buyers from China coming in, buying up homes and pushing prices higher." "Partly as a result of nascent Chinese buying, Tokyo apartment prices have reached the highest levels since the early 1990s, up 11 percent over two years, according to the Real Estate Economic Institute Co." "It’s not as tolerable to Japanese. Prices in Tokyo have become “seriously unaffordable,” the annual Demographia International Housing Affordability Survey shows." http://www.bloomberg.com/news/articles/2015-07-02/salarymen-sidelined-as-chinese-descend-on-japan-property-market http://www.bloomberg.com/news/articles/2015-07-02/salarymen-...

teacup50 11y ago

It's not in conflict; the "fantasyland" of 10M new apartments would house the entire existing population of all boroughs of NYC, and almost that of Tokyo. Meanwhile, those cities have high density (but nothing as ridiculous as +10M apartment archeologies) and haven't solved the problem.

simoncion 11y ago
If the stats in WildUtah's comment are to be believed -and his anecdotes mesh with my understanding of how zoning works in JP-, then Tokyo has pretty well solved the "response to housing demand" issue. Housing prices in cities are going to be more expensive than housing prices in the countryside. They shouldn't be so expensive that they exclude families and middle-to-lower-income households.
- teacup50 11y ago
  "The trend has already hit Sydney, Vancouver and the U.S. Now it’s happening in Japan: busloads of real estate buyers from China coming in, buying up homes and pushing prices higher." "Partly as a result of nascent Chinese buying, Tokyo apartment prices have reached the highest levels since the early 1990s, up 11 percent over two years, according to the Real Estate Economic Institute Co." "It’s not as tolerable to Japanese. Prices in Tokyo have become “seriously unaffordable,” the annual Demographia International Housing Affordability Survey shows." http://www.bloomberg.com/news/articles/2015-07-02/salarymen-sidelined-as-chinese-descend-on-japan-property-market http://www.bloomberg.com/news/articles/2015-07-02/salarymen-...