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Tokyo before 1995. > And what do you think concentrates jobs in ever-densifying cities? It's the areas with the least available housing that get the most jobs
by bryanlarsen 2y ago
Tokyo before 1995.
> And what do you think concentrates jobs in ever-densifying cities?
It's the areas with the least available housing that get the most jobs, so the answer is "anything but housing".
Ignoring China is a total cop out, because it's pretty much the only location in the world that currently has a significant housing surplus.
- AstralStorm 2y agoBesides Singapore with its targeted housing policy. There's not exactly surplus but sufficient numbers. Really though, housing exists but is not available. Mostly due to expense and being redirected to short term rentals.
- cyberax 2y agoSingapore: https://tradingeconomics.com/singapore/housing-index https://tradingeconomics.com/singapore/housing-index - prices are growing. Like, can you do at least a 5 second google check?!?
- cyberax 2y ago> Tokyo before 1995. Great, and then the history stopped at 1995? > It's the areas with the least available housing that get the most jobs, so the answer is "anything but housing". The answer is: force jobs out of dense hellscapes (SF, NYC). Via taxes and incentives. > Ignoring China is a total cop out, because it's pretty much the only location in the world that currently has a significant housing surplus. I don't have data for China. So I can't tell if it's true or not. It's also not a country with a full market economy and free movement of people.