2 ms·

I have a wild guess that the entire Anglosphere experiences these kinds of housing inflation issues due to a kind of slow moving collective action problem w/r/t

I have a wild guess that the entire Anglosphere experiences these kinds of housing inflation issues due to a kind of slow moving collective action problem w/r/t which languages to learn to get the big wages. Housing prices in non-Anglosphere cities worldwide rarely hit these same kinds of extremes.

disgruntledphd2 3y ago
Well, except for Hong Kong, Singapore and Tel Aviv. Which is to say, while it's definitely a problem in the Anglosphere, it's not limited to it.
mcntsh 3y ago
You're wrong, most EU countries have a worse income-to-housing-price ratio than Canada/Aus/US/NZ. https://www.numbeo.com/property-investment/rankings_by_country.jsp https://www.numbeo.com/property-investment/rankings_by_count...
- aden1ne 3y ago
  That site uses some wild assumptions about what constitutes household income.