3 ms·
> I struggle to find examples of this happening in market economies outside of a major natural disaster. i would suggest looking outside the US. The zoning/la
by zkms 7y ago
> I struggle to find examples of this happening in market economies outside of a major natural disaster.
i would suggest looking outside the US. The zoning/land-use regime where single-family zoning dominates is not universal -- see http://devonzuegel.com/post/north-american-vs-japanese-zoning http://devonzuegel.com/post/north-american-vs-japanese-zonin.... In fact, Japan kind of is a shining example of upzoning bringing down (and keeping down) rents to levels unthinkable in US cities.