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>How does that solve the problem if there is enough primary residence demand to push up prices to unaffordable levels? That mostly doesn't happen because sid c
by throwaway0a5e 6y ago
>How does that solve the problem if there is enough primary residence demand to push up prices to unaffordable levels?
That mostly doesn't happen because sid countries don't generally have California style zoning (though their byzantine permitting and regulatory compliance processes are just as good as CA or NYC's when it comes to raising construction costs).
- refurb 6y agoIf it “mostly doesn’t happen” can you list some examples of countries who offer zero interest loans and don’t have affordability issues? I mean Singapore offers many incentives to purchase and their housing market is nuts with the government always trying to keep prices from exploding.