41 ms·
> If we do not limit the number of people who can get in, it will naturally result in whole population of India moving into these cities. The population of Fra
by barry-cotter 7y ago
> If we do not limit the number of people who can get in, it will naturally result in whole population of India moving into these cities.
The population of France does not all live in Paris, nor that of the USA in New York. Even in as small a country as Luxembourg not everyone lives in Luxembourg City.
- gingabriska 7y agoI must ask, does Paris or Luxembourg has slums like Mumbai has? Higher prices doesn't stop people below poverty line from coming to Mumbai and living below the standards here.
- barry-cotter 7y agoNo, in part because they don’t have rent control that has frozen rents since 1947 or urban planning laws which make building densely illegal. https://marginalrevolution.com/marginalrevolution/2017/04/twisted-tale-rent-control-maximum-city.html https://marginalrevolution.com/marginalrevolution/2017/04/tw... https://mru.org/courses/principles-economics-microeconomics/rent-control-mumbai-india https://mru.org/courses/principles-economics-microeconomics/...