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As highlighted elsewhere in the comments, Vienna very much did. Once they stopped building it eventually became an issue again though.
by Etheryte 2y ago
As highlighted elsewhere in the comments, Vienna very much did. Once they stopped building it eventually became an issue again though.
- cyberax 2y agoNo, they did not. They went down the "decrease population" route: https://www.macrotrends.net/global-metrics/cities/20107/vienna/population https://www.macrotrends.net/global-metrics/cities/20107/vien... Once the population growth returned, the prices went up as well. And no amount of new construction helped: https://www.globalpropertyguide.com/europe/austria/home-price-trends https://www.globalpropertyguide.com/europe/austria/home-pric... Again, perfectly fits my prediction and contradicts your model.