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Or Vancouver. Singapore and Vienna is really a counter argument more than anything else. These are places were the government have significant control over, and
by seucs 8y ago
Or Vancouver. Singapore and Vienna is really a counter argument more than anything else. These are places were the government have significant control over, and are essentially undermining, the housing market. This isn't changing zoning a little bit. In Singapore the government acquired most of the land. And Austria is spending the equivalent of a defense budget each year on housing subsidies alone.
- TulliusCicero 8y agoPersonally I'm fine with either the market or the government providing new housing, and ideally I think we'd have a lot of both. > This isn't changing zoning a little bit. It's true, fairly radical zoning changes are warranted. Or at least, radical by US standards. Although you probably wouldn't have to go quite as far as Singapore, since obviously US cities aren't as land restricted.
- mosdl 8y agoExcept Vienna housing keeps getting more expensive as there isn't much stock available.