No, 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://marginalr

No, 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/...