2 ms·
I’m not sure why we’re trying to solve a situation where not everyone can afford to live in desirable cities. That’s impossible to solve. The demand will alwa
by refurb 4y ago
I’m not sure why we’re trying to solve a situation where not everyone can afford to live in desirable cities.
That’s impossible to solve. The demand will always be far higher than ability to pay as long it's a desirable place to live. Owning real estate in Paris, NYC, London, Shanghai will always be out of reach for the average, middle class citizen.
In fact, it’s good that people are discouraged from buying in these cities. They’ll go to other cities and buy, further distributing the population.
We don’t need to be like Asian cities (Thailand, Vietnam, Taiwan) where 70-80% of the countries population live in 2 or 3 metro areas. Those countries would love to distribute their populations more broadly.
- cloudfifty 4y ago[dead]