3 ms·
Go to any big US city with dense housing and tell me rents there are low. For people always referencing Tokyo -- why aren't you living in Tokyo then?
by TedShiller 4y ago
Go to any big US city with dense housing and tell me rents there are low.
For people always referencing Tokyo -- why aren't you living in Tokyo then?
- singron 4y agoYou really aren't talking about the same thing. It's not like you can add 100 housing units to an area one time and achieve affordable housing indefinitely. The housing units have to be added to meet increases in demand. The idea I think you are assuming is that supply causes demand (i.e. demand will always rise to meet supply), and that the supply-demand curve is flat to maintain price regardless of supply.
- imtringued 4y agoThe supply and demand curve of land is so steep and vertical you would think it should be impossible.