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> much more money available to speculate than available surface area Doubtful, some of the biggest cities on earth have tiny geographic areas. Build more and
by RidingPegasus 8y ago
> much more money available to speculate than available surface area
Doubtful, some of the biggest cities on earth have tiny geographic areas.
Build more and let them keep buying, a clear government policy that targets rezoning to keep price rises in-step with inflation would certainly make empty home investors think twice.
Real estate speculation is a gamble that governments won't accommodate growing populations and politically benefit from rising house prices. In many places on Earth they are likely right.