4 ms·

Foreign investment is not the root cause of a growing population being drawn to city centers with limited land.

• bitxbitxbitcoin 9y ago
  Exactly - it is a symptom of the different regulations in the different city centers.
  • lend000 9y ago
    Eh.. I saw it more as a symptom of humans breeding. Human population has always been bound by some constraint, and now it seems that shelter is more of a limiting factor than food supply, in western countries at least. That, and a cultural shift toward wanting to live in cities, even though many of these financially struggling millennials would do just fine financially in more distant suburbs.
    • ryuker16 9y ago
      It's restrictive zoning laws. Home and property owners have a zeal for politics unmatched when it comes to keeping values up. The movement away from cities had a lot of reasons that have been solved(jobs came back, riots, red lining, less pollution, less crime) so I'd say the cultural shift was justified to return. Commuting sucks too.
      • lend000 9y ago
        High density zoning is only a short term solution, and it seems with current policy enactment speed, technology (and especially building regulations), demand will always outpace supply for the foreseeable future.
        • ryuker16 9y ago
          Naw, take a look at nashville which was expanding insanely fast in population. Rent rose 25% in a low CoL city. They had a housing shortage for the past few years and removed a lot of restrictions. Recently they actually overbuilt despite a shortage of skilled construction workers. You can build hella fast when the demand is there and the government wants buildings fast. We're talking skyscrapers in 12-14 months.