5 ms·

Expensive housing is almost entirely an Anglo nation problem. If you don't restrict infill development you won't have this issue.

• janalsncm 3y ago
  Housing is extremely expensive in China as well. It’s one of the main barriers to Chinese yuppies having the three kids their government wants them to.
  • astrange 3y ago
    Isn't China having a real estate overproduction crisis right now? There can be different problems in different places, I mean, it's a big country, but that's mostly the opposite problem. The hukou system also can't help - you can stop immigration to an expensive city but presumably you also stop emigration to a cheaper one.
    • janalsncm 3y ago
      China has overproduction in undesirable places. Desirable places are still expensive.