https://marginalrevolution.com/marginalrevolution/2016/08/laissez-faire-in-tokyo.html https://marginalrevolution.com/marginalrevolution/2016/08/la... > Tokyo,

https://marginalrevolution.com/marginalrevolution/2016/08/laissez-faire-in-tokyo.html https://marginalrevolution.com/marginalrevolution/2016/08/la... > Tokyo, Japan’s capital city, has a growing population of over 13 million people but house prices have hardly increased in twenty years. Why? Tokyo has a laissez-faire approach to land use that allows lots of building subject to only a few general regulations set nationally.