> If people expect to live in much larger flats or houses compared to e.g. the 19th century and in expensive urban areas, they will have to pay the price. Your

> If people expect to live in much larger flats or houses compared to e.g. the 19th century and in expensive urban areas, they will have to pay the price. Your comment could only make sense if you believed housing prices were dictated by construction costs. They aren't. Prices are set based on what is the highest price tag sellers are able to force upon the customers. Buyers also wanto to push the value down but sellers, due to the nature of real estate properties and taxes, profit more by simply sitting on their investment and waiting out for someone opening fheir wallet and offering the asking price.