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Housing is cheaper when the economy is worse. See Berlin.

• astrange 6y ago
  That's not sustainable, you're just living on scraps because a lot of other people have made bad decisions in your favor. They're not going to keep investing after that, and of course it's bad for the people who moved out - this is a cause of gentrification. Tokyo, Vienna, Singapore are examples of cities with good housing policies. Although for Vienna's to get started all the landlords had to die in WW1, and then the planners died in WW2.