> It’s the whole western world at the same time. The same policies, the same social outcomes. Cities were pretty similar to how they are now for all of human h

> It’s the whole western world at the same time. The same policies, the same social outcomes. Cities were pretty similar to how they are now for all of human history except a brief period where things were weird after WW2 - see A Farewell to Alms and everything by Ricardo. The US has one of the lowest Price to Rent ratios in the entire world. And it's not like the US is rosey. There's really no where to look on the planet for somewhere that's doing things right beside maybe Singapore (which is a single city and has somewhat socialized the entire housing market) and Japan (which suffered through a lost 30 years and has a pretty rapidly declining population - possibly mainly as a result). In both cases, I'd argue the US has a better housing market than either of those places. And again, it's still pretty sucky in most places in the US.