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Land (especially desirable land near good jobs) is in far more limited supply than people willing to immigrate to the US. Zoning and other regulations not withs
by HideousKojima 5y ago
Land (especially desirable land near good jobs) is in far more limited supply than people willing to immigrate to the US. Zoning and other regulations not withstanding.
- jpgvm 5y agoThe land around most population centers in the US is used incredibly wastefully. If you compare the density of a modern Asian city to a US city the comparison is pretty woeful (probably contributes to the "going back in time" feeling when visiting the US also). Land is there it's just being used wrong.
- seanmcdirmid 5y agoNone of those dense Asian cities are affordable. Yes, Shanghai is dense, but for sale prices are as dear as in SF, maybe even dearer if we compare comparable housing rather than just averages.
- eru 5y agoThe sky is the limit.
- imtringued 5y agoRaw land isn't really the problem. Properly zoned land with job opportunities is. Location is a monopoly.