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Your second demand is what China is going through right now. It's causing a massive upheaval.

• chii 3y ago
  The situation in china has a difference between the situations you find in the west (like canada/australia). The local gov't in china does not have any NIMBY's at all (they have no rights like that in china), so the local gov't allows developments as long as somebody is willing to pay the price of the land. After all, this is how the local gov't gets their funding. The central gov't decided to pop the bubble early (before it became the Japan level of bubble back in the late 90's early 2000's). It's hurting of course, but probably a right sort of hurt as it's really investors that lose out (and china actually, imho, doesn't want an investor class being large and demanding more rights as they become richer and richer). In the west, such a bubble is difficult to form if NIMBY's stop high density development.