2 ms·
> It feels like the society collectively decided "no more new building" This, more than anything else, seems to be the problem in the developed West, at least
by gottorf 3y ago
> It feels like the society collectively decided "no more new building"
This, more than anything else, seems to be the problem in the developed West, at least when it comes to real estate prices and related cost of living issues. At least in the US, there's a pretty strong correlation between land-use freedom[0] (that is, the ability for landowners to develop that land into more productive use, including higher-density housing) and median home/rent prices.
[0]: https://www.freedominthe50states.org/land https://www.freedominthe50states.org/land