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There’s no engineering reason hosing in these areas can’t grow as fast as jobs. Tokyo’s population has tripled over the last twenty years while rent has been pr
by barry-cotter 8y ago
There’s no engineering reason hosing in these areas can’t grow as fast as jobs. Tokyo’s population has tripled over the last twenty years while rent has been pretty much flat.
Seattle has produced way more hosing lately and house prices have crashed.
https://www.seattletimes.com/business/real-estate/why-are-seattle-area-home-prices-falling-now-sorting-out-the-myths-and-the-facts/ https://www.seattletimes.com/business/real-estate/why-are-se...
- jpatokal 8y ago> Tokyo’s population has tripled over the last twenty years No, it hasn't? Tokyo's already an anomaly in shrinking Japan by staying roughly the same size, and last I checked it was also forecast to start losing people around 2020. http://www.metro.tokyo.jp/ENGLISH/ABOUT/HISTORY/history03.htm http://www.metro.tokyo.jp/ENGLISH/ABOUT/HISTORY/history03.ht...
- barry-cotter 8y agoYou’re right. I’m wrong. Tokyo has grown by 3m people in the last 20 years. It has not tripled. It’s increased by ~10%.
- withhighprod 8y agoIf it’s tripled you’ll see Japan rise again
- maccam94 8y agoBuilding in cities is difficult partly due to the way zoning laws work in the US. Established zones also have residents that have political clout, which encourages sprawling into uncontroversial areas. https://devonzuegel.com/post/north-american-vs-japanese-zoning https://devonzuegel.com/post/north-american-vs-japanese-zoni...?