3 ms·
Building is very much regulated in Tokyo and throughout Japan. Just pointing out that unaffordable housing is a policy choice, not a law of nature.
by barry-cotter 6y ago
Building is very much regulated in Tokyo and throughout Japan. Just pointing out that unaffordable housing is a policy choice, not a law of nature.
- zepto 6y agoIt really isn’t. There is a hierarchy of desirability which will always create price competition. Nobody would be complaining about prop 13 or California housing prices if they didn’t desire to live in California more than somewhere else.