3 ms·
> Do these concepts really model the reality well, or perhaps more importantly lead us towards the reality we want to see? Isn't this high-density housing also
by baybal2 6y ago
> Do these concepts really model the reality well, or perhaps more importantly lead us towards the reality we want to see? Isn't this high-density housing also just another way for real estate people to speculate?
Thinking about it. China itself is a good example. A fifth of the entire housing stock are vacant concrete boxes despite China having the biggest construction boom in human history for 20 years in a row (Chinese construction industry builds one California worth of housing every 2-3 months.)
Rents are very low though, rent to buy ratios above 100 are not rare.
Food for thoughts.